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Not really no, a bank is a legally defined concept in pretty much every country in the world. Suggested reading: http://www1.law.nyu.edu/centralbankscenter/text
by nowarninglabel 15y ago
Not really no, a bank is a legally defined concept in pretty much every country in the world. Suggested reading: http://www1.law.nyu.edu/centralbankscenter/texts/order.html http://www1.law.nyu.edu/centralbankscenter/texts/order.html
- RickHull 15y agoThat page links to the national laws defining central banks. No one is claiming Mt Gox is a central bank.
- nowarninglabel 15y agoIt's a further resource out to the central bank information in various country which further goes towards information on legal definitions of a bank in each country (at least many of the links provide such information). If you have a better site for international banking law definitions separated by country, it'd be awesome to suggest it.
- Uchikoma 15y agoNot sure about the logic: 1. All banks are defined 2. Me: You cannot claim banks are the same everywhere 3. "Pretty much every country" == not everywhere So you agree, or you disagree? Sorry to stick with Aristotelian logic.