
“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/
Related posts:
Third-Largest US Futures Broker Newedge Fined for Lax Oversight of Manipulative Trades
Fast food workers strike in 50 cities to demand wages of $15/hour, right to unionize
A Texan tragedy: Plenty of oil, but no water
Researcher’s paper banned for containing luxury car security codes
JPMorgan Joins Goldman in Designing Derivatives for a New Generation
Navy SEAL Author’s Profits Can Be Seized
NSA promises transparency by launching new Tumblr blog
Trump Assails Nordstrom for ‘Unfairly’ Dropping His Daughter Ivanka’s Line
Obama launches $100 million brain-mapping project
Colorado Democrat: Legislature, not guns, will keep you safe
Why Do Americans Stay When Their Town Has No Future?
Australian postal workers who send porn from work e-mail will no longer be sacked
Why This Entrepeneur Thinks Bitcoins Are Here To Stay
Alan Greenspan on Dow Jones All-Time High: No Irrational Exuberance Here
Goldman Sachs quarterly profits more than double to $1.93bn