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Author Topic: [2016-06-22] Regulators say bitcoin poses ‘financial stability risks’  (Read 250 times)
CrimBit
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June 22, 2016, 02:13:50 AM
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High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/e0880cf6-3800-11e6-9a05-82a9b15a8ee7.html#ixzz4CGpQtJIt

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A powerful club of US regulators has warned that the growing popularity of bitcoin and other digital currencies is posing potential financial stability risks as it revealed they are being put under closer scrutiny.

A group that includes the Treasury department, the Federal Reserve and the Securities and Exchange Commission used an annual report on the biggest threats to the US financial system to highlight concerns about digital currencies for the first time.


http://www.ft.com/cms/s/0/e0880cf6-3800-11e6-9a05-82a9b15a8ee7.html#axzz4CGpGZAXI
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June 22, 2016, 04:34:24 AM
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They cannot shut down the Bitcoin network, but they can cause all sorts of trouble for BTC users and businesses, so this warning does cause some concern.

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