Since most of us suffered huge losses as the result of the Bitcoin crash-devaluation last month, there is really nothing to regulate here. 80% of people who foolishly experimented with Bitcoin Over the counter Swap Derivatives (OSDs) recently have been robbed by the Bitcoin Pharaohs who got there's for $10.
There is adequate tracking of bank transfers in Canada to make it merely a pointless duplication to force Bitcoin Derivative Marketplaces to register as banking or credit institutions.
Topic: Canada easy on Bitcoins (Read 1127 times)
That is great news, the laws are a little different here than in the U.S. when it comes to currencies.
but that is good news, though i'm still a little concerned since we do have banks that deal with the U.S and they may have to comply with those regulations either way, so cut off bank accounts galore! Keep it secret! Keep it hidden... from the bank.
but that is good news, though i'm still a little concerned since we do have banks that deal with the U.S and they may have to comply with those regulations either way, so cut off bank accounts galore! Keep it secret! Keep it hidden... from the bank.
Guys,
Looks like Canada may be Bitcoin friendly:
http://www.pcworld.com/article/2039347/canadian-regulator-takes-lighter-view-of-bitcoin.html
What do you think?
Looks like Canada may be Bitcoin friendly:
http://www.pcworld.com/article/2039347/canadian-regulator-takes-lighter-view-of-bitcoin.html
What do you think?
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