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IPFS News Link • Bitcoin

Euro banks warned off Bitcoin as Canada regulates it

• theregister.co.uk
The European Banking Authority, which has previously warned consumers that they're unprotected if they get themselves into the crypto-currency game, has followed up with a don't-touch warning to banks.

In this announcement, issued on Friday July 4, the EBA says it's identified "more than 70 risks" that apply to users, banks, enforcement of money-laundering laws and payments in fiat currencies.

Last December, the EBA gave a specific warning to consumers that they were unprotected in the world of Bitcoin.

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