Bank of Canada: Bitcoin needs watching but no threat now

Bank of Canada: Bitcoin needs watching but no threat now

OTTAWA (Reuters) - The evolution of cryptocurrencies such as bitcoin bears close watching for any threats to the financial system that could arise from more widespread use, although electronic money does not currently pose a risk to stability in Canada, a top Bank of Canada official said on Thursday. Senior Deputy Governor Carolyn Wilkins outlined the risks that e-currencies can pose to ...

Thu, 13 Nov 2014 12:17:02 -0800

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