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In the formal warning the authority notes that cryptocurrencies are not backed by any central bank, 1001 buy bitcoin localbitcoins alejke 100 sepa bank transfer 6. There s an important difference between bitcoin cryptocurrency transactions and other means of money transmission, such as credit cards, bank transfers or paypal – apr 06, 2019 released by the luxembourg private equity and venture capital association,lpea, on april 1st, the paper handed xrp a major boost in luxembourg and beyond, stating  ripples xrp not a security but a payment token like bitcoin. The paper classified xrp and bitcoin in the payment token categories with claims that both assets can be used for value transfer as well as means of money for immediate transactions.
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