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We’re definitely considering Bitcoin! We think cryptocurrencies are fascinating (seriously, we’ve held a Providence meet-up about them), and it’s something on our list of possible improvements for the future.
An error occurred while saving the commentGulshan Negi commented
Bitcoin is popular because it is a decentralized, scarce, portable, transparent, and potentially valuable asset. The 6AMLD (https://www.kychub.com/blog/6amld-what-financial-institutions-need-to-know/) provisions on virtual currencies are designed to make it more difficult for criminals to launder money using Bitcoin and other virtual currencies. However, it is important to note that Bitcoin is still a relatively new and unregulated asset, so there are still some risks associated with using it.