‘If a authorities bans medication, it also needs to ban crypto’ — Belgium’s former finance minister

Johan Van Overtveldt, a member of the European Parliament and the previous Minister of Finance of Belgium, has referred to as for a “strict ban” on crypto because of the present banking disaster.

In a March 17 tweet, Overtveldt steered lawmakers ought to take into account banning cryptocurrencies as a “lesson” from the collapses of Silicon Valley Financial institution, Signature Financial institution (NASDAQ:) and Silvergate Financial institution in the US, referring to digital property as “speculative poison.” Members of the European Parliament have been discussing the influence of the failure of those banks on markets in its jurisdiction.

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