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“The moment Bitcoin is identified as a currency, it will legally disappear” – said Vienna stock exchange chief Boschan

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Christoph Boschan is unlikely to become a convinced Bitcoin investor anytime soon. Most recently, the head of the Vienna Stock Exchange compared the Bitcoin hype with the tulip mania and attested a crash as soon as BTC was regulated as a currency or financial instrument. In an interview with BTC-ECHO, Boschan wants to clarify the question: Is there a threat of an exchange rate collapse?

In an interview with Die Presse , Christoph Boschan hit a low blow a few days ago: Bitcoin is “vastly inferior to any alternative course of action” and shows similarities with “the tulip mania”. He rounded off the criticism with the ironic formulation that Bitcoin was after all “extremely important for criminal payments”. The criticism again made waves in the crypto space. However, if the statements are straightened out a bit, an existing basic Bitcoin problem becomes apparent.

Bitcoin: a matter of regulation

Opinions are divided on Bitcoin, not only among investors but also among regulators. There is still no common European legislation that creates a binding framework for crypto values. Crypto regulation is a country issue. The EU Regulation on  Markets in Crypto Assets  (MiCA) is still in draft status .

Germany, on the other hand, has a special role in European comparison. Since 2020, crypto values, including Bitcoin, have been included as financial instruments in the German Banking Act . In contrast to the MiCA draft, which provides for a separate division of tokens, e-money tokens, utility tokens and other crypto values, German legislation tries to create a uniform framework.

In Austria, however, Bitcoin is classified neither as a currency nor a financial instrument, but as a property right. This is “the great stroke of luck for Bitcoin” and “ultimately an expression of our liberal economic order”, as Christoph Boschan explains

Bitcoin is currently classified as a property right rather than a currency or financial instrument. It cannot be otherwise, because if it were classified as a currency its existence would simply not be permitted, its issuance and use would be forbidden and prosecuted in many cases – Articles 16 and 128 of our EU treaty only give the ECB the right to issue a currency.

Christoph Boschan

According to the CEO of the Vienna Stock Exchange, the regulatory status can be reduced to the following formula: “The moment BTC is identified as a currency, it disappears legally”. A supposedly sensational thesis that may lure crypto enthusiasts out of the reserve, but according to Boschan only reflects the “current legal situation”. After all, Bitcoin cannot be classified as a currency, since the “house right” for the issue of currencies lies with the EU.

Ripple precedent

According to Boschan, the same applies “to regulation as a financial instrument”. Finally, the example of Ripple shows “what it means to be viewed as a financial instrument”. In December last year, the US Securities and Exchange Commission (SEC) declared the Ripple currency XRP a security token, which resulted in a legal dispute with the Californian FinTech.

But this example shows that the legal situation for the token economy is anything but clear. Contrary to the attitude of the SEC, XRP is not classified as a security in other jurisdictions, but as a utility token. In addition, it is unclear whether the SEC is right with its move. Ultimately, the competent courts will decide on the regulatory status. The precedent Ripple shows: crypto assets and regulation are still in the discovery phase.

Bitcoin regulation shows gaps

The blanket criticism that the Vienna Stock Exchange boss unloads representative of supposedly Bitcoin-skeptical stock exchange representatives may be understandable from a crypto investor’s point of view, but it is not more correct. Statements such as: “If you regulate Bitcoin like a currency or a financial instrument, then it is no longer worth anything”, should be understood less as a rejection or attack on Bitcoin and the financial infrastructure behind it, and rather as a pointer to a lack of regulations.

As a manager, however, I can conclude with astonishment that the BTC industry is looking for such proximity to “currencies” or “financial instruments” and that this is the basis for sales. This is not strategically smart, but rather toxic, because the other way around it becomes a shoe, both – both the identification as a currency and as a financial instrument – are the greatest Achilles heels of the value of Bitcoin.

Christoph Boschan

Ultimately, however, it depends on the design of the legal framework. After all, Bitcoin is classified as a financial instrument in Germany, but it has not lost its value.

A common misconception?

A few friends from the crypto environment are likely to have Boschan also made the statement that Bitcoin is a vehicle for illegal purposes. According to Boschan, this view is derived from “very simple observation from the reality of life”. Whenever the Vienna Stock Exchange is exposed to blackmailing cyberattacks, “the payment requests come exclusively in BTC, […] not in euros, not in dollars, not in yen, not in gold, not in stocks, bonds or other derivatives, all of which are digital would be even smoother ”.

Obviously, the criminals use the most obvious instrument for them.

Christoph Boschan

As is so often the case, the devil is in the details. Wanting to push Bitcoin and Co. into the corner of a shadow currency, which is primarily used by criminals, belongs in the realm of fables . As the blockchain analysis company Chainalysis outlines in the current 2021 Crime Report , only a small fraction of 0.34 percent of all crypto transactions were for illegal purposes in 2020. Compared to the previous year, the criminal crypto cash flows have decreased by almost 2 percent, “the crime related to cryptocurrencies has decreased significantly in 2020”.

However, what is generally true of illegal crypto transactions is not particularly true of ransomware attacks. According to the report, “the total amount paid by ransomware victims has increased by 311 percent this year”. Accordingly, “no other category of cryptocurrency-based crime has had a higher growth rate”. According to Chainalysis, 2020 is not only the Covid year, but also “the year ransomware exploded”.

Bitcoin economy wins through exchange

In this light, Boschan’s remarks seem to be a very sober confirmation of the increase in ransomware identified by Chainalysis. So the Vienna Stock Exchange CEO finally defends himself against the attempt to put him “across the board in the anti-crypto corner”. Because the opposite is ultimately the case:

As an infrastructure provider whose foundation is databases, we are extremely attentive and very open-minded about developments relating to distributed database infrastructures. We have dozens of initiatives behind us and we certainly share the fascination that can trigger.

Christoph Boschan

Against this background, the Bitcoin-critical tones are already losing their explosive power. Boschan’s statements can certainly be read as a call to action to embed the crypto market in clear regulations. Ultimately, this creates the basis for sustainable growth in the industry, on which a wide variety of service providers are based. In the long term, the Bitcoin economy can only benefit from an unbiased discourse with traditional financial market players.

 

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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5 Reasons Why Delta Exchange is the Easiest Platform for Crypto Trading Strategies in the Indian Market

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Crypto trading in India has grown exponentially in the last few years. In 2025, the market pulled in $258 million in revenue and is on track to hit nearly $732 million by 2033, growing at a 14.3% CAGR from 2026 onwards. That kind of money doesn’t come from people buying Bitcoin on a whim and hoping for a lucky spike. It comes from traders who plan entries, manage exits, build hedges, and run full-blown crypto trading setups. 

This shift has created a new problem. Most Indian crypto exchange apps still feel built for basic spot buying without any advanced features to try. You open five tabs, check prices on one app, place orders on another, track risk on a third, and hope nothing slips through.

Delta Exchange transforms the story here. Instead of spots, Delta offers a safe trading platform to explore crypto derivatives (futures and options) across major currencies. 

Let’s understand more about Delta Exchange and why so many Indian traders end up sticking with it once they try it.

Why Try Crypto Trading Strategies on Delta Exchange 

Ranked among the top Indian crypto exchanges, Delta Exchange offers a range of features and analytics tools to simplify your crypto trading experience. 

Here’s why many traders trust Delta Exchange: 

  1. INR trading keeps things simple

If you’ve ever had to convert INR to USDT or USD just to trade Bitcoin, you know the hassle. Delta Exchange lets you deposit and withdraw in INR directly via UPI, IMPS, NEFT, and bank transfer, with your margin and profits shown in INR. 

That means no awkward crypto conversions or extra wallets – you fund your account straight from your bank and start crypto trading like it’s normal money. 

  1. Algo trading bots that actually work

Automation can save hours and reduce emotional stress and decisions, especially with fast moves in crypto F&O. Delta Exchange supports algo trading through APIs and bot integrations from platforms like TradingView and Tradetron. 

Delta Exchange supports algo trading bots
Delta Exchange supports algo trading bots

You can link your trading strategy to webhooks or APIs and let bots place trades for Bitcoin futures or other crypto options even when you’re away. If you want systematic, repeatable strategies with fewer missed opportunities, this setup feels practical and real.

And the best part? You don’t need to have any coding knowledge or degree – API Copilot does it all for you. 

  1. Lower trading fees that don’t eat into your wins

Fees matter because every percentage point you pay is one less in your pocket after a winning trade. Delta Exchange offers competitive taker and maker fees, plus a fee cap on options that limits how much you pay on low premium trades. 

This helps keep costs predictable, whether you’re trading Bitcoin or ETH futures and options. Traders who place frequent trades or use multi-leg strategies on the Indian crypto exchange can keep more of their gains, rather than having them eaten up by trading fees.

  1. Strategy Builder for practical trading plans

Strategy planning can get messy if the platform doesn’t help you visualize outcomes. Delta Exchange offers tools that let you craft crypto F&O setups with clear strike choices and expiries, plus daily, weekly, and monthly options for more precise timing. This helps you conveniently plan spreads, straddles, or hedges. 

  1. Compliance and risk measures to know

It’s one thing to trade, another to trust the platform doing it. Delta Exchange is registered with India’s Financial Intelligence Unit (FIU) and follows local KYC and AML rules. 

For risk management, the platform supports: 

  • Margin controls and stop-loss tools that help you manage positions while you trade Bitcoin or other crypto derivatives.
  • Demo account to practice trades and understand the market without real money. 
Delta’s demo account: Practice training Bitcoin without real money
Delta’s demo account: Practice training Bitcoin without real money
  • Payoff charts show you how your trade will play out with breakeven points and maximum P&L. 

This way, you can study your crypto trading strategy better before finalizing the trade.  

Apart from these, Delta also offers leverage up to 200X – a good way to amplify your profits if the market moves in your favor. 

The Bottomline 

Indian crypto traders have moved far past the buy-and-hold phase. Spot crypto trading still has its place, yet most active users now want faster ways to make money from price swings, not wait months for a rally. 

That’s where crypto F&O, spreads, and short-term setups step in. You want tools that let you react within minutes, control risk, and lock gains when the move shows up. 

Platforms that only support basic coin buying just can’t keep up with that style of trading. Serious traders want flexibility, speed, and ways to work with volatility, not sit through it – and Delta Exchange caters to such traders well. 

Disclaimer: Crypto trading carries inherent risks due to its high volatility. This article is for informational purposes only. Kindly do your own research before making any investment decisions. 

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MoonExe Aligns With the Next Phase of Stablecoin Payments as Global Regulation Accelerates

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MoonExe today reaffirmed its strategic focus on stablecoin-powered payment infrastructure as global regulatory clarity continues to accelerate across major financial jurisdictions.

Regulators worldwide are advancing frameworks that formally recognize stablecoins as legitimate instruments for payment, settlement, and treasury operations. Legislative initiatives in the United States, expanded licensing regimes in Asia, and structured compliance approaches in other regions are collectively signaling a transition from experimental adoption to regulated, real-world deployment.

As stablecoins move deeper into mainstream financial infrastructure, demand is increasing for platforms capable of delivering real-time liquidity, transparent pricing, and verifiable settlement. MoonExe’s Exchange Finance (ExFi) model is designed to address these needs by enabling stablecoin-based currency conversions that operate continuously, without dependence on traditional banking cut-off times or geographic limitations.

The platform focuses on facilitating efficient value movement while maintaining transparency through public blockchain records. Transactions executed within the MoonExe ecosystem can be independently verified via standard blockchain explorers, reinforcing confidence through auditable, immutable data.

In parallel with regulatory progress, market participants are increasingly prioritizing infrastructure reliability over speculative activity. Stablecoins are being evaluated less as alternative assets and more as operational tools capable of supporting cross-border payments, digital commerce, and treasury flows.

MoonExe continues to expand its infrastructure and partnerships to support this evolution, positioning itself as part of the foundational layer required for stablecoins to function at global scale.

For more information about MoonExe and its stablecoin payment infrastructure, visit https://moonexe.com/

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Playmaker to Launch in Q2 2026 as Midas Labs Expands Its AI-Powered Game Creation Ecosystem

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Midas Labs, a UK-based Web3 technology company, has announced the upcoming launch of Playmaker, an AI-powered game creation and launchpad platform scheduled for Q2 2026. The platform is designed to lower barriers to game development and funding, operating as a core product within the UNIFI-powered Midas ecosystem.

Playmaker will provide creators, indie studios, and early-stage visionaries with an integrated environment to ideate, build, fund, and publish games without the traditional constraints of large teams or complex technical infrastructure. By combining AI-assisted creation tools with a structured launchpad and marketplace, the platform aims to streamline the path from concept to live product.

According to Jonathan Wheatley, Chief Marketing Officer of Midas Labs, Playmaker represents a natural progression of the company’s ecosystem strategy.

“Playmaker is about enabling participation at every level — from creators and developers to early supporters and players,” said Wheatley. “By integrating AI-driven creation with funding and publishing infrastructure, we’re building a system that allows ideas to move efficiently from concept to execution.”

The platform is powered by the $PLAY token, a fixed-supply utility asset used for project participation, creator payments, marketplace transactions, and ecosystem services. $PLAY operates within the broader UNIFI ecosystem, where UNIFI serves as the access and conversion layer, reinforcing liquidity and alignment across Midas Labs’ products.

Midas Labs has structured Playmaker’s token economy around a non-mintable, scarcity-driven model, designed to support long-term sustainability as platform adoption increases.

The Playmaker launch builds on recent Midas Labs milestones, including the expansion of the Midas Play Marketplace, multiple game releases, ecosystem partnerships, and the rollout of UNIFI staking infrastructure. Together, these components form a vertically integrated environment linking creation, funding, distribution, and participation.

Playmaker is scheduled to go live in Q2 2026, with phased ecosystem access beginning with early contributors before expanding globally.

About Midas Labs

Midas Labs is a United Kingdom–based Web3 technology company focused on building scalable digital ecosystems across gaming, AI, and creator-driven platforms. Powered by the UNIFI token, Midas Labs develops infrastructure designed for long-term participation, real utility, and sustainable growth.

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