"All the electronic currency investors must be cautious," Stephen Blouz told CNBC on Thursday. "Electronic currencies are not assets."
"He is not sure what electronic currencies really are, but they are not assets that can be analyzed," he said. "If electronic currencies collapse, they will have no impact on the global economy."
He said he had no doubt about the need to regulate electronic currency for consumer protection, but we are keen not to stifle innovation.
Canada joins China, South Korea and many other global regimes in cracking down on electronic currency transactions after their big gains.
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