Since most of us suffered huge losses as the result of the Bitcoin crash-devaluation last month, there is really nothing to regulate here. 80% of people who foolishly experimented with Bitcoin Over the counter Swap Derivatives (OSDs) recently have been robbed by the Bitcoin Pharaohs who got there's for $10.

There is adequate tracking of bank transfers in Canada to make it merely a pointless duplication to force Bitcoin Derivative Marketplaces to register as banking or credit institutions.