[2017-02-20] Digital Currencies Need Government Intervention Says Bank of Canada

[TwoTimes]

The Bank of Canada has been heavily researching blockchain technology, Bitcoin, and the use of digital currencies. Just recently, a team of central bank researchers published a report called “Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies” examining issues they believe revolve around private and public cryptocurrencies.

The recent report “Lessons for Digital Currencies” details the history of public and private fiat currencies issued in Canada in relation to virtual currency today. The central bank’s researchers suggest the only way digital currencies will sustain is through regulatory policy.

Read more here: https://news.bitcoin.com/digital-currencies-need-government-intervention-bank-canada/