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March 12, 2018, 07:09:43 PM |
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The head of the European Banking Supervision Service (EBA), Andrea Enriya, recommended regulators to avoid excessive regulation of crypto-currencies, as this may inhibit the development of financial innovations. Very soon EBA is going to publish a plan that will determine a number of priorities in this area for a two-year period.
📝 "Excessive regulation, which forces fi nite companies to adhere to banking rules only because of competition, is not the best solution," said the service representative.
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