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Albania is one of the three countries in Europe that has adopted a law on cryptocurrencies. But the law lacks all the necessary guidance to make it enforceable.<\/p>\n<\/div>\n
More than 6 thousand private digital currencies have been created since the creation of Bitcoin in 2008 and in our country they can be traded if you have a license, but none of them is accepted as legal tender. Spiro Brumbulli, secretary of the Association of Banks emphasizes that the law seeks to regulate a dangerous market<\/p>\n
“The state is taking over this market, because if it leaves them totally free, they can burst like a bubble and this will create social conflicts. “People will come back from governments to blame them for not telling them before.”<\/em><\/p>\n His view is that cryptocurrencies will explode like pyramid schemes sooner or later, as their purpose to function as a means of payment has failed:<\/p>\n “The future will be digital currencies that will be issued by Central Banks. Only they can function as a means of payment. “Banks have stayed away from these instruments because they only offer legal instruments.” <\/em><\/p>\n In Albania, according to the Chainanalysis platform for the geography of cryptocurrencies, there are about 28 thousand portfolios that hold digital assets worth $ 6.2 billion, accounting for almost 1% of the population. Only Serbia and Kosovo pass us in the region.<\/p>\n \n<\/p>\n top channel
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