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Can i buy bitcoin with rbc direct investing | This arrangement guarantees that clients gain access to platforms that comply with both Canadian and international regulations intended to prevent financial misconduct, including money laundering and fraud. Firstly, the decentralized nature of cryptocurrencies comes with a downside as the lack of government backing means no government protection. For instance, a person wanting to send money internationally to family or to buy a product would normally require an intermediary to convert the currency from one to the other, with fees being charged for the conversion, as well as for the transaction. By facilitating CAD transactions through regulated exchanges like Kraken , RBC ensures that its customers can access a broad range of digital assets in a compliant and cost-effective manner. And while the blockchain itself has not been hacked, there have been instances of theft from exchanges that buy and sell cryptocurrencies. Certainly, stories like this will give individuals reason for pause before making day-to-day purchases with Bitcoin. |
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