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Germany monitoring bitcoin market impact: finance ministry

Reuters  |  BERLIN 

BERLIN (Reuters) - Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange. "The finance ministry, the (Federal Financial Supervisory Authority) BaFin and the Bundesbank are monitoring developments on financial markets attentively and this applies to bitcoins," Dennis Kolberg told a news conference.He added that he would not comment on the value developments of bitcoin on markets."Generally speaking I can say that ...

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First Published: Wed, December 13 2017. 18:49 IST