The Federal Advisory Committee: bitcoin has the potential benefits of Global trade
In May 9th the United States Federal Advisory Committee (FAC), the Federal Reserve, the US central bank department under the jurisdiction of the Federal Reserve in the quarterly meeting discussed in bitcoin is a threat to the traditional banking system and its commercial potential, finally obtains the evaluation conclusion, bitcoin will give the global business market a wave of innovation.
The meeting pointed out: “bitcoin not because of the destruction of traditional commercial supply channels of traditional economic activities pose a threat, on the contrary, it can be a global business as the gospel.”
The meeting stressed that the relevant departments strict supervision of bitcoin market, and gives the suggestion of supervision. In addition the conference committee is actively listening to the views of the bitcoin community, pointed out that the central bank should not limit bitcoin, do not have the right to regulate bitcoin market.