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22 June 2021

Dutch Economic Advisor Calls for Blanket Bitcoin Ban | Crypto Briefing

Dutch Economic Advisor Calls for Blanket Bitcoin Ban | Crypto Briefing


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Pieter Hasekamp, a key economic advisor for the Dutch Ministry of Economic Affairs, has called for a complete ban on mining, trading, and holding Bitcoin.

Days after El Salvador passed a bill to make Bitcoin legal tender, one key official in the Netherlands has suggested an outright ban on the asset. Pieter Hasekamp, the Dutch Bureau for Economic Analysis director, believes mining, trading, and even holding Bitcoin should be banned immediately.

The asset is an unstable unit of account, inconvenient for payments, and easy to forge or steal compared to traditional currencies, Hasekamp said. He added that Bitcoin is favored by criminals because of its “anonymity.”.

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