Bitcoin is failing as a currency and must be held to higher standards, says Carney

Mark Carney has called to end the "anarchy" of cryptocurrencies being used for criminal activities and warned against viewing as them true currencies. He said that cryptocurrencies, such as bitcoin, fail to store value, are difficult and expensive to use for purchases, and are no use as a unit of account …
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ISO Appoints Australia to Take Global Lead on Blockchain Standards

Australia will take the driver’s seat in setting a uniform approach for the development of blockchain standards globally. The International Organization for Standardization (ISO), widely regarded as the primary global standards authority has approved an earlier proposal [PDF] put forth by Standards Australia – the country’s national standards authority – that sought to develop uniform […]

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