Bitcoin Forum
May 19, 2019, 11:59:42 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: [06-20-2015] Canadian Senate Banking Committee Releases Report On Bitcoin Regula  (Read 220 times)
Full Member
Offline Offline

Activity: 256
Merit: 101

View Profile
June 20, 2015, 09:48:34 AM

The Canadian government has not taken any definitive legislative actions regarding digital currencies yet, but a recently released report by the Standing Senate Committee on Banking, Trade and Commerce provides some insights on the matter. The report (Digital Currency: You Can’t Flip This Coin), which is the result of several Senate committee hearings and revisions, calls for a fine balance on Bitcoin and digital currency regulations. The committee’s report acknowledges the beneficial uses of digital currencies such as bitcoin and views blockchain technology as groundbreaking.

              b e t f o r m ▬▬▬▬▬▬▬ SMART CONTRACT POWERED SOCIAL BETTING PLATFORM
                                                     A p p Download ▬▬▬▬▬▬▬ Google Play   App Store     [ WEB VERSION ]                                 ❱❱JOIN b e t f o r m❰❰
                       F o l l o w us ▬▬▬▬▬▬▬ WHITEPAPER TELEGRAM FACEBOOK TWITTER
Get alert of price pumps/dumps beforehand 74% average Win Rate
reported by our users
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Hero Member
Offline Offline

Activity: 700
Merit: 500

View Profile
June 20, 2015, 09:54:46 AM

Interesting I'll need to read up on this later, I remember when they had the seven part series on this for watching.
Besides being engaging it gave a good perspective of Bitcoin to the Senate so I am curious about what their recommendations of this report were.

But from the summary it sounds like they got the point across
“In the Committee’s view, it is likely that the innovation underlying these currencies and technologies has applications that have not yet been imagined. There is evidence that they reduce transaction costs, increase the choices available to customers and merchants, protect users’ identities and record all transactions.”

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!