https://www.cnbc.com/2018/02/26/eu-says-stands-ready-to-regulate-cryptocurrencies.html

The European Union stands ready to regulate cryptocurrencies if risks from the sector are not tackled at the global level, the bloc's financial services chief said on Monday.

A global investment craze over bitcoin and other virtual currencies in the last year has seen wild gyrations in their valuations, making fortunes for some investors while others have lost heavily.