Jan 19th 2014, 19:19, by Nathan Ingraham
Bitcoin went mainstream in a big way in 2013, with banks and countries alike trying to figure out where the online cryptocurrency fits into the financial landscape. Canada is the latest country to make a formal statement, though the country doesn't sound like it quite knows what to do with Bitcoin just yet. "Only Canadian bank notes and coins are recognized as legal tender in Canada," said an official from Canada's finance department in a statement sent to The Wall Street Journal. "Bitcoin digital 'currency' is not legal tender in Canada."
However, that doesn't necessarily mean that Canada doesn't recognize it as a potentially legitimate payment system worthy of regulation. The Canadian government also said that it would continue...
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