Vancouver Bitcoin ATM Ban Is Wildly Misplaced
bitcoin regulation

Vancouver Bitcoin ATM Ban Is Wildly Misplaced

THELOGICALINDIAN - Since Vancouver badge declared Bitcoin ATMs as an ideal moneylaundering agent the board are because banning them Problem apparent eh

Misinformation… Meet Knee-jerk Reaction

So Vancouver Mayor, Kennedy Stewart, has appropriate that the burghal board will accede banning Bitcoin ATMs in the city. According to his spokesman, this:

On that basis, the board should additionally be because a ban on casinos, restaurants, luxury car sales, absolute estate, and (more than annihilation else) banks. But of course, it couldn’t do that because such a ample besom ignores all the accepted businesses in those sectors. Sadly, cryptocurrency is not afforded the aforementioned consideration.

This is the aforementioned Mayor Kennedy Stewart that the city website proudly proclaims, ‘moved to Vancouver in 1989 with alone $100 in his abridged and formed odd jobs like carrying beer… and arena in bedrock bands’. You’ve changed, man!

So What’s The Beef With Bitcoin ATMs?

The VPD report seems to centermost about a acceleration in cryptocurrency-related files year on year. This should not absolutely be unexpected, as Bitcoin permeates added into the mainstream. Cryptocurrency-related files are authentic as:

An Ideal Money-Laundering Vehicle?