A big-scale ballot throughout 12 European Union member states revealed {that a} majority of Europeans would favor native governments to create and regulate cryptocurrencies.
Redfield & Wilton Strategies carried out a survey for Euronews, polling 31,000 respondents from Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland, Portugal and Spain.
Towards the backdrop of the brand new crypto legal guidelines proposed by the European Fee (EC), a lion’s share of respondents from all nations supported the creation of a nationwide cryptocurrency. The main reason for an in-house token, however, is attributed to gaining financial independence from the European Union.
Out of the lot, respondents from Greece (40%), Italy (41%) and Estonia (39%) confirmed the very best help for a nationwide cryptocurrency, while an average of 30% of respondents from other countries was in favor of a national cryptocurrency.
Going towards this development, 37% of respondents from the Netherlands opposed the launch of nationwide crypto initiatives, dwarfing the 18% supporting respondents.
Furthermore, practically 60% of the 31,000 respondents need their nationwide authorities to find out monetary rules slightly than relying on the European Union.
Related: Europe awaits implementation of regulatory framework for crypto assets
The EC is at present making an attempt to implement rules for crypto property throughout the European Union. On Sept. 24, 2020, the EC proposed a new digital finance package that included legislative proposals related to the handling of crypto assets in the member states.
Offering readability to the transfer, the EC acknowledged that “by making guidelines safer and extra digital pleasant for customers, the Commission aims to boost responsible innovation in the EU’s financial sector, especially for highly innovative digital start-ups.”
