“I don’t feel uncomfortable with digital currencies, but we have to regulate them well,” said Johansson. She points out, among other things, that criminal organizations and terrorists should not be able to abuse the anonymity that some networks offer. Johansson acknowledged that she appeared to act as a bit of a “bummer” at the meeting by emphasizing regulation and fraud prevention.
more receptive
Her statement makes it clear that Europe is more receptive to cryptos than China. The Asian country recently banned all crypto transactions.
The panel was also attended by Sam Bankman-Fried, CEO and co-founder of crypto exchange FTX, and German entrepreneur Christian Angermayer, who is co-founder of asset manager Cryptology Asset Group. Bankman-Fried acknowledged the risks of using cryptos by criminals. However, he said that platforms have greatly improved oversight mechanisms.
Angermayer said that “financial institutions often protect their own interests” while billions around the world have been cut off from the financial system without bank accounts. According to him, this situation can be remedied by digitizing currencies such as the US dollar and the euro, among other things.