Pages:
Author

Topic: 2013-12-10 Cyprus Central Bank warns about risks in use of Bitcoin - page 2. (Read 1755 times)

newbie
Activity: 54
Merit: 0
Quote
Cyprus Central Bank has warned that using the virtual currency Bitcoin is dangerous.

Bacteria has warned that using Penicillin is dangerous.
legendary
Activity: 1078
Merit: 1003
Does this count as irony?!
sr. member
Activity: 868
Merit: 250
http://www.cna.org.cy/webnewsEN.asp?a=6920172fd6f140dbb55eba24d5ddef2b

Quote
Cyprus Central Bank has warned that using the virtual currency Bitcoin is dangerous.

Replying to a CNA question on the matter, the Central Bank notes that “it considers the use of any kind of virtual money as particularly dangerous, given that it is not under any regulatory system and its operation is unchecked”.

At the same time, other CNA sources say that the government feels that the virtual currency is too risky at present.
Pages:
Jump to: