Is ECB Preparing to Ban Bitcoin? Top Analyst Warns of Harsh Taxes, Crackdown

Fears about the ECB Bitcoin ban have swelled since a controversial report’s release. Analyst Tuur Demeester warns that the report’s negative portrayal of Bitcoin could justify harsh ECB Bitcoin regulation, including potential bans. The recent European Central Bank paper, “Distributional Consequences of Bitcoin,” has undoubtedly created controversy among most cryptocurrency advocates.