Cyprus central bank: Bitcoin use dangerous

“The Central Bank (CBC) has said use of virtual currency bitcoin is extremely dangerous, the Cyprus News Agency (CNA) said on Tuesday.  ‘Using any virtual money is extremely dangerous because they are not monitored by any authority, thus operating without control,’ CNA said, quoting the CBC.  In a written response later on Tuesday, Danny Brewster the CEO of Neo & Bee, the largest business in the world that is building infrastructure around the Bitcoin technology, said he had been trying for the past two weeks to reach and arrange a meeting with the CBC so that it could operate under the appropriate regulatory framework.”

http://cyprus-mail.com/2013/12/10/bitcoin-use-dangerous-cbc-says/

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