Canadian House Finance Committee Recommends Crypto Regulation to Preve

[SUPREMOCOC]

The Canadian House Finance Committee has recommended that the government start regulating cryptocurrencies to prevent money laundering, Canadian digital newspaper iPolitics reports Nov. 14.

According to iPolitics, the Canadian House Finance Committee suggested that cryptocurrencies should be regulated during its review of the Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA), which occurs once every five year.

Link to the news: https://cointelegraph.com/news/canadian-house-finance-committee-recommends-crypto-regulation-to-prevent-money-laundering

[bmg]

i think that its a good thing to regulate it to an extent .

[SUPREMOCOC]

8 minutes ago, bmg said:

i think that its a good thing to regulate it to an extent .

Yeah, I also think that, although it goes against bitcoin philosophy.