Former Belgian Finance Minister: Crypto Ban Must Come - Coinleaks
Current Date:September 21, 2024

Former Belgian Finance Minister: Crypto Ban Must Come

Former Minister of Finance of Belgium Johan Van Overtveldthas called for a ban on crypto in the wake of the banking crisis.

member of the European Parliament and Former Belgian Finance Minister Johan Van Overtveldt In his Twitter post on March 17, he said that cryptos should be banned. Van Overtveldt, the economics spokesperson for the group of 64 lawmakers, made these comments as he prepared to discuss landmark crypto licensing rules for the European Parliament.

Finance Minister Overtveldt Defends Crypto Ban

Former Minister of Finance of Belgium Johan Van Overtveldt “Another lesson to be learned from the current banking turmoil is a strict ban on cryptocurrencies.” In the continuation of his sharing, Overtveldt stated that the assets consist of speculations with no economic or social value.

Crypto friendly silvergateAnd Silicon Valley BankOvertveldt said: “If a government bans drugs, it should ban crypto too.”

Van Overtveldt represents the right-wing European Conservatives and Reformers, the fifth largest political group in Parliament, on the Economic and Monetary Affairs Committee. overtveldt, 2014-2018He served as Belgium’s Minister of Finance.

European Parliamentwill provide a regulatory framework for digital wallet providers and exchanges. Crypto Asset MarketsThe bill is expected to be voted on next month.