KCN Belgium Minister of Justice concerned about cryptocurrencies
Channel: KCN News
Date: 2017-04-20

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Belgian official opposed the cryptocurrency. The Belgian Minister of Justice Koen Geens has offered to confiscate all cryptocurrencies in circulation and start regulating all transactions with digital currencies. According to Koen Geens, the digital currencies are used by terrorists, criminals, and drug dealers, and thus companies dealing with cryptocurrencies should be under strict control of the government and courts.  Minister's statement stirred up Belgium crypto community. They believe that severe restrictions may сause a complication in work of FinTech industry. As a result, at least two Belgian banks are going to stop creating their own cryptocurrency.

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