Good riddance to the cryptotraders, July 9
Jim Stanford overlooks the value of blockchain technology, which makes cryptotrading possible. Blockchain is a distributed, immutable digital ledger which makes it possible to complete financial (and other) transactions faster, cheaper and with greater transparency than traditional banking systems.
IBM avers that “91 per cent of banks had invested in blockchain by 2018.”
It would be prudent and fiscally responsible for Canadian regulatory officials to legislate the use of blockchain technology to benefit the public, not congratulate itself on insignificant victories over a few abusers of the technology.