Sweden’s central bank governor: ‘Bitcoin is too big to be without regulations’

Bitcoin has become too big of an asset to escape regulatory frameworks, argued the governor of Sweden’s central bank – Stefan Ingves. At the same time, the nation’s finance minister confirmed that the country is already looking into implementing tighter rules around cryptocurrency exchanges.

During a recent speech cited by Bloomberg, Riksbank Governor Stefan Ingves joined the trend of central bankers commenting on bitcoin amid its recent popularity (and USD value) increase. While most of his colleagues are openly against the primary cryptocurrency and even warn investors about the possibility of losing all of their money, Ingves took a different approach.

Keep reading

Start trading BTC