ECB Management Wants to Improve Monitoring of Digital Coins

Representatives of the ECB argue that the current problems with monitoring the digital economy are related to the fact that current tracking tools cannot provide all the important information. The fact is that data is collected from blockchains without any exact logic, which complicates their subsequent analysis.

The governance of the ECB says that such studies are very important, as they will provide an opportunity to influence the clear development of norms and rules. Recently, a report that digital currencies can affect the overall economic situation was presented. That is why the industry should be regulated correctly, avoiding competition between assets.