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Author Topic: Issuing alternative money in the European Union  (Read 834 times)
User500 (OP)
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February 15, 2014, 11:17:24 PM
 #1

Hello,

http://www.theverge.com/2014/2/9/5395050/russia-bans-bitcoin
"The official currency of the Russian Federation is the ruble. Introduction of other monetary units and money substitutes is prohibited,"

Since Russia banned bitcoins, I am wondering if issuing alternative money in the EU is against the law too.

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Griegura
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February 16, 2014, 04:23:14 PM
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This document is from the European Central Bank, I hope it shreds some light on you question.

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf

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March 05, 2014, 10:36:16 AM
 #3

So, issuing alternative money in the EU is not against the law too, is it?

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