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ECCB CAUTIONS PUBLIC ON USE OF BITCOIN

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4 years ago

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Members of the Eastern Caribbean Currency Union to include Antigua and Barbuda are being urged to proceed with caution when engaging in Bitcoin activities.  

The Eastern Caribbean Central Bank (ECCB) has issued a release advising the public of the risks associated with Bitcoin particularly the establishing of Bitcoin Automated Teller Machines (ATMs) which have begun to be erected in several territories.

The release advises there is not yet any legal framework in place to completely regulate Bitcoin activities and until this happens, the public should proceed cautiously.
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