The War On Bitcoin—and Anonymity

The War On Bitcoin—and Anonymity | The Ümlaut

theumlaut.com 20 Mar '13, 10am

The War On Bitcoin—and Anonymity

n a sign of the times, FinCEN, the US Treasury Department agency in charge of combatting money laundering, issued guidance on Monday on the regulatory status of Bitcoin users and exchanges . Although some, like my friend and Cato adjunct scholar Tim Lee, believe that the guidance is basically good news because it means the government accepts the existence of Bitcoin, I am not so sure. The guidance brings into sharper focus the nature of the conflict that is likely to ensue between governments and those who wish to exercise anonymity in online commerce. FinCEN, the Financial Crimes Enforcement Network, is one of the least scrutinized financial agencies in the US government. If you’ve ever transacted an amount over $10,000—say, you’ve bought a car or a house—FinCEN has a file on you. The agency requires banks and other financial institutions to file a Currency Transaction Re...

Full article: http://theumlaut.com/2013/03/20/the-war-on-bitcoin-and-an...

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@Lambo » 21 Mar '13, 11pm
RT @iand: The War On Bitcoin—and Anonymity [link] by @elidourado
@williamsager » 21 Mar '13, 9pm
The War On Bitcoinand Anonymity [link]
@hnfirehose » 21 Mar '13, 9pm
The War On Bitcoinâand Anonymity: [link]
@pro2rat » 21 Mar '13, 2am
The holy crusade against narco-terrorists cash [link]
@BitcoinStarter » 20 Mar '13, 9pm
RT @jonmatonis: @binarybits Good article, @elidourado gets it! [link] #bitcoin
@jonmatonis » 20 Mar '13, 9pm
Excellent! RT @elidourado My ÜMLAUT column, on Bitcoin, financial regulation, and anonymity [link] @marchochstein
@jonmatonis » 20 Mar '13, 9pm
@binarybits Good article, @elidourado gets it! [link] #bitcoin
@StevenJCrowley » 20 Mar '13, 8pm
RT @jerrybrito The War On Bitcoin—and Anonymity [link] Great analysis of new #bitcoin regulations by @elidourado
@jerrybrito » 20 Mar '13, 8pm
The War On Bitcoin—and Anonymity [link] Great analysis of new #bitcoin regulations by @elidourado
@taiganaut » 20 Mar '13, 2pm
RT @binarybits: Some background on FinCEN's Bitcoin guidance from @elidourado: [link]
@WilliamJLuther » 20 Mar '13, 1pm
Nice post from @elidourado on #bitcoin and #FinCEN [link]
@elidourado » 20 Mar '13, 1pm
My ÜMLAUT column, on Bitcoin, financial regulation, and anonymity. [link]
@mgurri » 20 Mar '13, 1pm
RT @adamgurri: The War On Bitcoin—and Anonymity [link] via @umlautmag
@binarybits » 20 Mar '13, 1pm
Some background on FinCEN's Bitcoin guidance from @elidourado: [link]
@adamgurri » 20 Mar '13, 12pm
The War On Bitcoin—and Anonymity [link] via @umlautmag
@anjiecast » 20 Mar '13, 12pm
The War on Bitcoin - and Anonymity [link] Latest from @elidourado
@umlautmag » 20 Mar '13, 10am
The War On Bitcoin—and Anonymity [link]
@TonyRomm » 20 Mar '13, 1pm
RT @elidourado: My ÜMLAUT column, on Bitcoin, financial regulation, and anonymity. [link]
@toddgutschow » 20 Mar '13, 1pm
The War On Bitcoin—and Anonymity [link]

The War On Bitcoin—and Anonymity | The Ümlaut

The War On Bitcoin—and Anonymity

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