This one actually come out yesterday,
Right-Wing Reps Seek Bitcoin Powers in European Parliament, but the first time I'm seeing it. Hopefully this ends in a positive result for digital currency. We will always face opposition and people trying to control it, but in the end I still feel we will prevail for the benefit of humanity. Government is meant to help people, not to restrict them.
Three European Parliament representatives from a French right-wing political party filed a motion last month seeking to give member-states the power to regulate or even ban bitcoin activities.
The motion was filed on 25th November, according to a copy of the motion published on the European Parliament website.
The motion seeks approval from the European Commission – the executive arm of the European Union – to “allow Member States to exercise stricter controls over all virtual currency exchange transactions and even to prohibit them”.
Cited as justification is the recent decision by the European Court of Justice to exempt bitcoin trades from value-added tax, as well as moves by the Russian government to put restrictions on activities involving so-called money surrogates, including bitcoin.
The filing further states that such action is needed given “a high level of risk in the bitcoin system”, while also alleging that digital currencies possess “certain similarities with a Ponzi scheme”.
The motion’s three authors – Dominique Bilde, Sophie Montel and Florian Philippot – are all members of France’s Front National. Bilde, Montel and Philippot did not immediately respond to requests for comment.
