European Central Bank Casts Wary Eye Toward Bitcoin

European Central Bank Casts Wary Eye Toward

European Central Bank Casts Wary Eye Toward Bitcoin

"Erik Voorhees blogs for bitinstant.com: 'On Oct 29, 2012, the European Central Bank (ECB) released an official (and very nicely prepared) report called "Virtual Currency Schemes (PDF)." The 55-page report looks at several facets of what virtual currencies are, how they're being used, and what they can do . As it happens, the term "Bitcoin" appears 183 times. In fact, roughly a quarter of the whole report is specifically dedicated to Bitcoin and it's probably a safe assumption that Bitcoin's growth over the past year was the catalyst for producing this study in the first place. The report from the ECB concludes, in part: Virtual currencies fall within central banks' responsibility due to their characteristics, and Virtual currencies could have a "negative impact on the reputation of central banks."' Could this be the first step toward regulation of the digital currency?"

Full article: http://yro.slashdot.org/story/12/11/03/1516231/european-c...

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@nilicule » 17 Nov '12, 7am
@MikevHoenselaar this may have helped a bit: [link]
@ankostis » 04 Nov '12, 4pm
European Central Bank's report casts wary eye toward Bitcoin " Virtual currencies fall within [our] responsibility" [link]
@NoteradCom » 04 Nov '12, 7am
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@Bittirahafi » 03 Nov '12, 11pm
RT @Technom4ge: European Central Bank Casts Wary Eye Toward Bitcoin @slashdot [link] #bitcoin
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@miquelduran » 03 Nov '12, 8pm
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@LucienBurm » 03 Nov '12, 8pm
European Central Bank casts wary eye towards bitcoin: [link]
@daveyjose » 03 Nov '12, 7pm
[link] ECB report on bitcoin, virtual ccys @timoreilly
@daveyjose » 03 Nov '12, 7pm
[link] ECB report on bitcoin, virtual ccys @izakaminska
@esolves » 03 Nov '12, 6pm
TechNews: European Central Bank Casts Wary Eye Toward Bitcoin: An anonymous reader writes "Erik Voorhees blogs f... [link]
@zackMerles » 03 Nov '12, 6pm
European Central Bank Casts Wary Eye Toward Bitcoin - An anonymous reader writes "Erik Voorhees blogs for bitinstant... [link]
@hawks5999 » 03 Nov '12, 6pm
Central banks are starting to fear #bitcoin. They hate competition. [link]
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European Central Bank Casts Wary Eye Toward Bitcoin [link]
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European Central Bank Casts Wary Eye Toward Bitcoin: An anonymous reader writes "Erik Voorhees blogs for bitinst... [link]