Coindesk Logo

Quebec's Chief Scientist Denies Dismissing Crypto Concerns

Quebec's Chief Scientist Denies Dismissing Crypto Concerns

Quebec's Chief Scientist Denies Dismissing Crypto Concerns

Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.

Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.

Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.

AccessTimeIconApr 20, 2018, 8:25 PM
Updated Aug 18, 2021, 8:52 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Contrary to recent media reports, the Chief Scientist of Quebec has not downplayed concerns about the illicit use of cryptocurrencies, his office said.

On Thursday, several media organizations published articles with headlines quoting Chief Scientist Remi Quirion as saying that "bitcoin is not above the law, nor is it a magnet for illicit transactions."

But "the Chief Scientist has never said such a thing," Quirion's office told CoinDesk via email.

The comments appeared in an article produced by the Agence Science-Presse – a non-profit news agency – and were published on the Chief Scientist's government website.

Titled "Bitcoin above the law? False," the article is part of the agency's fact-checking series "Detecteur de rumeurs" and was produced independently of Quirion's office.

The article examines the merit of the widespread assertion made by government leaders, financial institutions and regulators that criminals frequently use cryptocurrencies to carry out illegal activities such as money laundering and the financing of terrorism.

The piece concludes that bitcoin "makes up only tiny amount of criminal money in circulation around the world," adding that the reason for this is "it is less attractive for those wishing to carry out transactions without leaving a trace."

As Quebec's first Chief Scientist, Quirion is responsible for advising the Minister of Economy, Science and Innovation on the development of research and science. He also manages activities related to the Quebec Research Funds for nature and technologies, health and society and culture.

Quebec image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.