Poll: Central bankers favour clampdown on bitcoin
St. Louis Fed economist warns it will be ‘like trying to slay the Hydra’
Central bankers favour banning or taking regulatory action against virtual currencies such as bitcoins, according to the results of a Central Banking poll. But respondents were split over how best to handle the emergence of virtual currencies.
The most common response of central banks to the rise of bitcoin has been to issue warnings to the public, explaining how virtual currencies work and the risks involved in using them.
Very few have taken direct action to regulate the use of virtual
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