“‘People transfer this digital money to each other by just clicking a button — without having to use any bank services or pay remunerations for the transactions. The transfers are instant and almost completely free of charge. Imagine large corporations switching to cheap digital transactions, this would leave the bankers seeking another job,’ the Vice-Minister said.  The Bitcoin threat is now being studied now by the relevant committee of Finance Ministry of Kazakhstan. According to the Ministry, the means of payment is not covered by Kazakhstan’s law On counting legalization (laundering) of illegally obtained incomes and funding of terrorism.”

http://en.tengrinews.kz/finance/Bitcoin-may-threaten-Kazakhstans-financial-stability-Dalenov-24586/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy