A recent opinion poll on Europe crypto regulation showed that EU citizens want cryptocurrencies to be regulated by domestic countries and not by the EU. The survey involved 31,000 respondents from 12 Member States of the European Union.
Europe crypto regulation Survey: Europeans and the regulation of cryptocurrencies
Research firm Redfield & Wilton Strategies conducted an extensive public opinion poll among 12 Member States for Euronews. Consequently, thirty-one thousand respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal, and Spain participated.
The Europe crypto regulation survey comes when the European Commission (EC) is proposing a new law on cryptocurrencies. A significant proportion of citizens in Greece (61%), Germany (34%), and Latvia (31%) believe that the European Union is too interfering in the economies of all countries.
Regarding cryptocurrencies, most respondents felt that the EU should leave the responsibility for introducing rules to local governments. None of the countries surveyed was there a clear preference for financial regulation led by the European Union.
The survey also asked about the type of national or digital currency issued by the central bank (CBDC). Of the individual countries, Italy (41%), Greece (40%), and Estonia (39%) showed the highest support for the national digital currency. To sum up, in average, 30% of respondents were in favor.
Do you have interest in cryptocurrencies? Click here to register an account so you can start trading cryptocurrencies today.
The European Commission emphasized the new rules for cryptocurrencies:
The European Commission aims to ensure the security and digitization of consumer rules to strengthen responsible innovation in the EU financial sector, especially for highly innovative digital startups.
How do you think the Europe crypto regulation will develop, and what do you think about the regulation of cryptocurrencies by the European Union? Keep reading for more crypto news.