Europeans want to regulate cryptocurrencies locally
31,000 people living in Europe were interviewed by Redfield & Wilton. They spoke for 12 countries: Germany, Spain, Estonia, France, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland and Portugal.
The majority of Europeans surveyed expressed anti-EU views regarding the regulation of cryptocurrencies. In France, 55% of respondents want the finance sector to be monitored nationally. This share amounts to 61% in Germany, 67% in Greece, and 76% in the Netherlands.
Logically, a significant proportion of Europeans believe that the European Central Bank (ECB) intervenes too widely in the economy of their respective countries. This is the opinion of 61% of Greeks, 34% of Germans and 31% of Latvians. In France, this share falls to 23%, the French judging at 24% that the ECB is intervening correctly, or not enough (19%).
👉 Also read – The Tezos and NEM blockchains have been tested in the ECB’s digital euro project
National, rather than European, digital currencies
While the ECB has started a Europe-wide central bank digital currency (MNBC) project, the idea doesn’t necessarily appeal to people on the continent. A majority would be in favor of local cryptocurrencies, in order to “assert monetary independence from the European Union”.
31% of French people questioned are therefore favorable or very favorable to a national cryptocurrency. This share rises to 41% among Italians, 40% among Greeks and 37% among Spaniards.
It should also be noted that the majority of Europeans believe that they know “very little” about the field of cryptocurrencies. Among those cited, it is unsurprisingly Bitcoin that is the best known.
👉 On the same subject – Which central banks are leading the race for digital currencies?
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About the author: Marine Debelloir
Deputy Editor-in-Chief on Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that arise from the blockchain and I like to find the most delicious information to share with you.
All articles by Marine Debelloir.