EU recommended regulators not to prohibit crypto-currencies
The bitcoin rate declined moderately on Wednesday, when US investors paused to celebrate the US Independence Day.
By 15:41 GMT bitcoin fell 0.65% and traded at $ 6557.00 at the Bitfinex exchange.
The cost of bitcoin remains approximately 70% below its maximum price, which was fixed in December. More and more virtual currencies are depreciating. In recent weeks, digital currency rates have been falling amid growing concerns about the security of operations with digital currencies and the actions of regulators.
In general, the Crypto currency remained stable. At the time of writing, the total capitalization of the currency market was $ 269 billion compared to $ 270 billion, which was recorded on Tuesday.
The second largest capitalization of Ethereum's crypto currency on the Bitfinex exchange fell by 0.72% to $ 468.88. The third largest digital currency, Ripple, fell 2.52% and traded at $ 0.4847. At the time of writing, Litecoin fell 0.36% to $ 86,012. The European Parliament advised regulators not to ignore or prohibit crypto-currencies. In a 33-page document published last week, EU officials urge regulators to treat digital currencies as any other financial instrument. In this case, the rules for trading in digital currencies must be unified in all jurisdictions.
"Monetary policy makers and regulators should not ignore virtual currencies and should not try to ban them. Both extreme versions are incorrect, "the document says.
Against the backdrop of growing popularity of bitcoin and other digital currencies, governments around the world began discussing ways to regulate trade in crypto-currencies.
Among other news, there is a report on the steep increase in stolen funds from crypto-exchange exchanges in the first half of this year. According to CipherTrace, this year, from the crypto-exchange exchanges, assets worth $ 761 million were stolen compared to the stolen $ 266 million for the whole of 2017.