They cannot shut down the Bitcoin network, but they can cause all sorts of trouble for BTC users and businesses, so this warning does cause some concern.
Topic: [2016-06-22] Regulators say bitcoin poses ‘financial stability risks’ (Read 336 times)
June 21, 2016, 09:13:50 PM
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A powerful club of US regulators has warned that the growing popularity of bitcoin and other digital currencies is posing potential financial stability risks as it revealed they are being put under closer scrutiny.
A group that includes the Treasury department, the Federal Reserve and the Securities and Exchange Commission used an annual report on the biggest threats to the US financial system to highlight concerns about digital currencies for the first time.
http://www.ft.com/cms/s/0/e0880cf6-3800-11e6-9a05-82a9b15a8ee7.html#axzz4CGpGZAXI
©Dreamstime
A powerful club of US regulators has warned that the growing popularity of bitcoin and other digital currencies is posing potential financial stability risks as it revealed they are being put under closer scrutiny.
A group that includes the Treasury department, the Federal Reserve and the Securities and Exchange Commission used an annual report on the biggest threats to the US financial system to highlight concerns about digital currencies for the first time.
http://www.ft.com/cms/s/0/e0880cf6-3800-11e6-9a05-82a9b15a8ee7.html#axzz4CGpGZAXI
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