Article Image
News Link • Bitcoin

Euro banks warned off Bitcoin as Canada regulates it

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.

Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Purse.IO Save on All Amazon Purchases