Crypto regulation in the EU: new survey shows clear trends

It is striking that the original idea of Bitcoin is taken up in this survey by well-known researchers of our time. Because the independence to the banks, above all the ECB, has increased much more in times of Corona than in 2008.

In the process, the idea of a digital euro was also taken up, which, however, could not receive much advocacy. In comparison, there was a great deal of participation in the creation of national digital currencies.

The Italians (41%) were most in favour of this, closely followed by the Greeks (40%), the Estonians (39%) and the Spanish with 37%. The only country where there were more opponents than supporters of the initiative was the Netherlands. In Germany, there is no clear opinion on the matter, with 30% in favour and 30% against.

Independence and education clearly at the forefront of crypto regulation

Here, the survey shows a clear tendency towards independence and enlightenment of crypto regulation. Local proposals outweigh European ideas for more control through a European digital currency and various laws in the direction of crypto regulation. In the past, many European countries have already learned that greater dependence on the ECB is not a good idea economically and macroeconomically.

Only time will tell whether member states will respond to citizens’ desire for more independence as a digital euro develops. Nevertheless, it is also clear that crypto regulation in the EU is still linked to a great deal of ignorance. In the future, the topic will become more and more important in many countries, also due to the increased horizon of experience. Because Bitcoin stands for independence.

The German crypto fund law only came into force on August 2!