It’s Not Easy Being Digital Money – Canada Government Imposes Compulsory Registration

(Digital Money World) – If you would think Digital Money is having a peaceful time earning escrow, transaction fees. Think again. Numerous reports such as the one below dampens the credibility of how a Digital Money, especially gold backed digital money.
Canadian’s FINTRAC has imposed compulsory registration with digital money that deals with gold, or digital gold.
Ottawa warns on gold-backed Web trades FINTRAC sees potential abuse of electronic transactions tied to gold and silver
By Kevin Carmichael
Canada’s financial intelligence agency warns that criminals may be exploiting Internet-based companies that convert cash into electronic gold, exposing a new front in the international effort …read more