Why are governments and central banks so quick to dismiss digital currencies

The concept behind competing currencies isn't necessarily a new one. The topic has been debated between the greatest minds in the world, but it was never settled. Today, with the growing popularity of bitcoin (BTC) and the libertarians’ dedication to precious metals, the conversation … [Read more...]

Bank of Montreal shuts down bitcoin-related business accounts in Canada

The Bank of Montreal (BMO) has become the first financial institution in Canada to take action against bitcoin (BTC). It was confirmed by Cointrader co-founder and CTO Paul Szczesny in a press release that the bank would be closing down all bitcoin-related business accounts across the … [Read more...]