image credit: www.cointelegraph.com
The European Central Bank (ECB) have giving their view on Bitcoin and has concluded that Bitcoin is not a currency, at the time. ECB view Bitcoin and other crypto currency as digital assets.
ECB is also concluding that they don't have responsibility to ban or regulate bitcoin or other cryptocurrencies. This is very good news for the future of crypto, not only in Europe. Many follow and will be inspired by the ECB and this will help getting crypto mainstream.
Overview of the conclusion
More from the European central bank can be read here: https://www.ecb.europa.eu/explainers/tell-me/html/what-is-bitcoin.en.html
