21 Mar '13, 1pm

FinCEN, Bitcoin and Zerocoin via @AmerBanker #privacy #bitcoin

FinCEN, Bitcoin and Zerocoin via @AmerBanker #privacy #bitcoin

The dangers to financial privacy are monumental. Consider an Obama administration plan to give spy agencies unfettered access to data on American citizens and others who bank in the U.S. Suspicious Activity Reports, filed by financial institutions that operate in the U.S., are the primary documents that the Financial Crimes Enforcement Network intends to share. The reports cover all personal cash transactions exceeding $10,000, suspected incidents of money laundering, loan fraud, computer hacking and counterfeiting. The Treasury Department proposal, revealed by Reuters last week, aims to consolidate financial data banks, criminal records and military intelligence. This initiative will put intelligence agencies, such as the Central Intelligence Agency and the National Security Agency, on the same footing as the Federal Bureau of Investigation, which currently does not have ...

Full article: http://www.americanbanker.com/bankthink/fincen-spying-pla...

Tweets

FINCEN: Bitcoin Users Not Regulated, Exchanges Are

FINCEN: Bitcoin Users Not Regulated, Exchanges Are

bitcoinmagazine.com 19 Mar '13, 1am

The paper starts off delineating a clear definition of what virtual currency is: “FinCEN’s regulations define currency (al...

"FinCEN sounds death knell for US-based Bitcoin...

irdial.com 19 Mar '13, 12am

FinCEN sounds death knell for US based Bitcoin businesses March 19th, 2013 by Irdial 1DnwFLXczVZV8kLJbMYoheUrpqHesjxrSi It...

Bitcoin to be regulated: Government

online.wsj.com 22 Mar '13, 1am

The U.S. is applying money-laundering rules to "virtual currencies," amid growing concern that new forms of cash bought on...

The War On Bitcoin—and Anonymity

The War On Bitcoin—and Anonymity

theumlaut.com 20 Mar '13, 10am

n a sign of the times, FinCEN, the US Treasury Department agency in charge of combatting money laundering, issued guidance...

Bitcoin

online.wsj.com 21 Mar '13, 11pm

The U.S. is applying money-laundering rules to "virtual currencies," amid growing concern that new forms of cash bought on...

After FinCEN guidance, Bitcoin businesses may s...

paymentssource.com 19 Mar '13, 7pm

The fragile Bitcoin economy will change drastically as companies scramble to obtain the proper licensing in response to gu...

Is Bitcoin the New Safe-Haven Currency? Bitcoin...

intellihub.com 20 Mar '13, 5am

Is Bitcoin the New Safe-Haven Currency? Bitcoins Surge After Cyprus Bank Raid March 20, 2013 | Filed under: Economics ,Eur...

Is the US government trying to regulate Bitcoin?

theverge.com 20 Mar '13, 8pm

The community around Bitcoin, the fast-growing virtual currency that sustains an economy worth more than $650 million , ha...

Here's me and @ErikVoorhees yakkin' about #Bitc...

youtube.com 21 Mar '13, 3pm

Segment 1 -- Saving the Kimani Grays It's been more than a week since two plain clothes officers fatally shot 16-year-old ...

Bitcoin Sees Broad Global Adoption of its Controversial Virtual Currency

Bitcoin Sees Broad Global Adoption of its Contr...

brandchannel.com 21 Mar '13, 4pm

Bitcoin , the virtual currency anonymously exchanged through an online peer-to-peer network, has hit the mainstream radar ...

U.S. puts money-laundering rules on "virtual cu...

online.wsj.com 22 Mar '13, 4am

The U.S. is applying money-laundering rules to "virtual currencies," amid growing concern that new forms of cash bought on...

Bitcoin

forbes.com 19 Mar '13, 8pm

Over at Ars Technica I reported on news that the Financial Crime Enforcement Network (FinCEN) has issued new guidelines on...

A libertarian nightmare: Bitcoin meets Big Gove...

salon.com 22 Mar '13, 11am

But while some observers have applauded FinCEN’s guidance as acknowledgment that Bitcoin isn’t illegal or considered a “th...

U.S. Treasury to Bitcoin: We Are Watching

spectrum.ieee.org 22 Mar '13, 4pm

Two years ago, when Gavin Andresen, the lead developer of the Bitcoin software was invited by the CIA to present his thoug...

Cyprus Bank Raid Bitcoins: Activist Post Is Bit...

activistpost.com 19 Mar '13, 11am

Is Bitcoin now a safe haven currency? It wasn't long ago when it was considered merely an interesting crypto-currency to b...