Canada Bad for Bitcoin

O’ Canada, Our home and….Oh sorry, got a touch carried away. Checked their National Anthem in case of a ‘relocation thought” a few weeks ago. Seems those pesky Canadian bank regulations are slowing down digital currencies growth up north.

Uh, hello chilly neighbors, when in the fast lane don’t drive slower than traffic cause you will get run over (or honked at…..honk, honk). Bitcoin coming through.

Without going into all the particulars, this is a very good read on what most likely is playing out around the globe; regulation and how to do it. It seems Canada would rather shut some exchanges down than let them fully develop with regulatory guidance and participation. Work together and things happen so much faster.

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Posted by Bill Taylor/CEO-FintekNews
Source:  CoinIdol