Blockzeit
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
  • EnglishEnglish
    • EnglishEnglish
    • DeutschDeutsch
    • PortuguêsPortuguês
Buy Crypto
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
Blockzeit
No Result
View All Result
Home Bitcoin News
crypto Netherlands

crypto Netherlands

Bureaucrat In Netherlands Threatens To Ban Crypto

Aaron Moses by Aaron Moses
June 14, 2021
in Bitcoin News
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare via WhatsappShare via Email

Pieter Hasekamp, a high level official of the head of the bureau for the Netherlands, is advising the government to ban all cryptocurrency assets due to what he believes will be a crash that will leave many investors broke. However, some people think that crypto will not actually be banned but regulated instead.

JUST IN: The Netherlands should regulate #crypto instead of banning it, says finance minister

— Market Meditations (@MrktMeditations) June 14, 2021

Hasekamp believes that if the Netherlands bans crypto it would effect the markets in a highly negative way. And this doesn’t bother him in the slightest. Some crypto enthusiasts suppose crypto will be the end of fiat. But Hasekamp doesn’t share the same enthusiasm for crypto as these people. His views are in line with officials in the Turkish and Chinese governments both of whom set new regulatory laws for these digital assets. If Hasekamp has his way, the Netherlands will come down harder than both China and Turkey – he said he wants it banned altogether.

The current sentiment of crypto in Europe varies. As we mentioned in a previous article, some Ireland officials feel called to similar action. However, a couple of countries such as Switzerland have a more lenient approach. So, the battle for blockchain and crypto is an ongoing stuggle. Governments will likely find soon that they will have a hard time banning crypto, but this will lead to them regulating it instead. This isn’t the first time that a proposal to ban crypto has been introduced in the Netherlands. In fact, according to an article from yahoo.finance, in 2018 a bill was rebuked by the Minister of Finance Wopke Hoekstra. Hoekstra said:

“It is better to supervise it. My observation now is that that is more effective than a total ban in the Netherlands.”

But there are more officials in the Netherlands who agree with Hasekamp. Economist at ING, Teunis Brosens, said:

“I understand where it comes from if you look at the entire crypto field. Most of the hundreds, thousands of coins are bullshit or worse. There’s just scams and pyramid schemes in there too, so I understand the concern.”

Final thoughts

In an article about this topic, an author at rtlnieuws.com wrote:

“Ban goes too far. A ban only goes very far, even too far, he thinks. And it is not necessary, because there are already laws to deal with scammers and cheaters, you do not have to introduce a crypto ban.”

This is a good point. If there are laws already to deal with scams, why does crypto need to be banned? Despite what some say, not all crypto currencies are scams. It appears that those seeking to ban crypto currency might have ulterior motives. We will have to pay attention to the statements Hasekamp makes in the future to see if it’s possible to know what his real motives are.

Aaron Moses
Aaron Moses

Aaron is passionate about blockchain and has been an investor in cryptocurrencies for the past years. He enjoys engaging with other people in the cryptocurrency community online, particularly on Telegram, and learning from experts.

Tags: bitcoinCryptocurrencynetherland
Previous Post

Vitalik Buterin Says When Ethereum 2.0 Will Be Released

Next Post

Jack Dorsey Hints That Nigeria Might Be Next To Adopt Bitcoin

Related Posts

Bitcoin Green Bubble

Market Wrap: Bitcoin Struggles To Break $29K As Credit Suisse Bank Edges To The Brink Of Collapse

by Vincent Munene
March 24, 2023
0

Bitcoin, the world's largest cryptocurrency, is facing yet another hurdle in its quest for recovery as it struggles to break...

Silicon Valley Bank alongside Bitcoin Logo

Bitcoin As Safe Haven Due To Financial Turmoil Caused by Bank Collapses

by Edmond Herrera
March 22, 2023
0

Bitcoin has emerged as a safe haven for investors amidst recent financial turmoil caused by the collapse of Silicon Valley...

Bitcoin Soars Up

Market Wrap: Bitcoin Soars Past $25k As Banks Collapse In Europe & The USA

by Vincent Munene
March 17, 2023
0

Bitcoin has once again reached new local heights as it soared past the $25,000 mark, fueled by a pot of...

Load More

Get updates to your inbox!

Subscribe to our mailing list to receive daily updates!

FOLLoW US:

Blockzeit Logo 10 1

Blockzeit was founded in 2021 in Switzerland with the mission of bridging the gap between the complex blockchain technology and the general public. Blockzeit is a news and education platform that aims to make blockchain more accessible and bring more transparency to the scene.

Popular Categories

Categories
  • Bitcoin News
  • Business
  • Education
  • Investing
  • Markets
  • Metaverse
  • NFTs
  • Politics
  • Press Release
  • Switzerland
  • Technology
  • Trends
  • Uncategorized

Important Links

  • Privacy Policy
  • Disclaimer
  • About us
  • Contact us
  • Blockchain Jobs
  • Events

Contact & Social

For guest posts, contact us via info@blockzeit.com

 

Contact: info@blockzeit.com
Press: press@blockzeit.com

Facebook Twitter Linkedin Instagram
  • Home
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
  • Education
  • Events
© Copyright by Blockzeit.com. All rights reserved.

Disclaimer

SAVE 20% ON BINANCE FEES

Sign Up Here
No Result
View All Result
  • News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • Markets
    • Investing
    • Technology
    • Trends
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
  • DeutschDeutsch
  • PortuguêsPortuguês

© 2021 Blockzeit by Blockzeit.