US Begins Regulating BitCoin, Will Consider Virtual Transactions "Money Laundering"

US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions | Zero Hedge

zerohedge.com 22 Mar '13, 1am

US Begins Regulating BitCoin, Will Consider Virtual Transactions "Money Laundering"

Last November, in an act of sheer monetary desperation, the ECB issued an exhaustive, and quite ridiculous, pamphlet titled "Virtual Currency Schemes" in which it mocked and warned about the "ponziness " of such electronic currencies as BitCoin. Why a central bank would stoop so "low" to even acknowledge what no "self-respecting" (sic) PhD-clad economist would even discuss, drunk and slurring, at cocktail parties, remains a mystery to this day. However, that it did so over fears the official artificial currency of the insolvent continent, the EUR, may be becoming even more "ponzi" than the BitCoins the ECB was warning about, was clear to everyone involved who saw right through the cheap propaganda attempt. Feel free to ask any Cypriot if they would now rather have their money in locked up Euros, or in "ponzi " yet freely transferable, unregulated BitCoins.

Full article: http://www.zerohedge.com/news/2013-03-21/us-begins-regula...

Tweets

@RyanVanderwerf » 12 Apr '13, 7pm
@victortrac wonder how this will apply for these types of transactions? [link]
@GaryBooysen » 03 Apr '13, 7pm
So, basically, I should stop investing my ill-gotten coca cash crop profits in Bitcoins? [link]
@StateExempt » 03 Apr '13, 8am
Good luck!!! "US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions" | Zero Hedge [link]
@GNMyers1 » 02 Apr '13, 11pm
RT @Mordrul: US Regulating #BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions [link] #Banksters
@ChocolateWilk » 02 Apr '13, 11pm
[link] #regulation #shit
@zerohedge » 02 Apr '13, 11pm
@AnonymousIRC this is why [link]
@HikariSam » 01 Apr '13, 12am
Inevitable.. "US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions - Zero Hedge [link]”
@D_Turpin » 30 Mar '13, 12pm
@josecdiez @Isb7 Bitcoin empieza a ser tenida en cuenta [link]
@CuiBono2 » 28 Mar '13, 6pm
@ancetreIV idd het is op dit moment een alternatief maar de bankiers/overheden willen het controleren: [link] @petrakramer
@jbiroscak » 28 Mar '13, 4pm
Boooo RT @mbauwens: US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Trans. | Zero Hedge [link]
@aftervertue » 28 Mar '13, 2pm
RT @mbauwens: US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions | Zero Hedge [link]
@GrubbyTimes » 28 Mar '13, 5am
US to Regulate BitCoin by Applying "Money Laundering" Rules To Virtual Transactions #BadKarma @SurvivIt @GrubbyTimes [link]
@KyleWahlquist » 27 Mar '13, 9pm
#Bitcoin starts getting regulated [link]
@EricDoerr » 27 Mar '13, 9pm
RT @boxee: Hey nerds - raise your hand if 1) you're into @bitcoin and 2) you think this is ridic [link]
@flare2004 » 27 Mar '13, 9pm
@stubbornmule [link]
@boxee » 27 Mar '13, 8pm
Hey nerds - raise your hand if 1) you're into @bitcoin and 2) you think this is ridic [link]
@SuperNeutrality » 27 Mar '13, 3am
@flibbr @BBCNewsnight If no one controls #Bitcoin, how comes it is now being regulated? [link] - #newsnight
@EastNets » 26 Mar '13, 9am
What Rules should be applied to virtual transactions ? inside , more details about US'new regulations ! [link]
@PortCitySilver » 25 Mar '13, 1pm
Bit Coin. Is virtual money here to stay? [link]
@AdamDraper » 24 Mar '13, 6pm
Great read on Bitcoin [link] #bitcoin #virtualcurrency
@VigilantCanuck » 24 Mar '13, 3pm
The U.S. Begins Regulating #Bitcoin, Will Apply Money Laundering Rules To Virtual Transactions: [link] #Fascism #Statism
@dbudlov » 24 Mar '13, 3pm
Proof US govt is fascist: US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions [link]
@knut_l » 24 Mar '13, 2pm
RT @FHWSchmidt: [link]
@WishforRBE » 24 Mar '13, 11am
RT @analiensaturn: Bit coin is doomed to be just another fiat currency [link]
@analiensaturn » 24 Mar '13, 11am
Bit coin is doomed to be just another fiat currency [link]
@fountaincap » 23 Mar '13, 6pm
Was only a matter of time, I guess - US Begins Regulating BitCoin - [link]
@RAAKonteurs » 23 Mar '13, 6pm
Expected RT @AdrianChen: Feds announce regulation of Bitcoins. Zerohedge gets real emo [link]
@RobinGrearson » 23 Mar '13, 6pm
RT @AdrianChen: Feds announce regulation of Bitcoins. Zerohedge gets real emo [link]
@AdrianChen » 23 Mar '13, 6pm
Feds announce regulation of Bitcoins. Zerohedge gets real emo [link]
@JosephDeFazio » 23 Mar '13, 4pm
"In an act of sheer monetary desperation, the ECB issued a quite ridiculous, pamphlet" - [link]
@flying_ernie » 23 Mar '13, 3pm
RT @sodagrrl: US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions | Zero Hedge [link]
@TVardalos » 23 Mar '13, 2pm
Is #Bitcoin the #WikiLeaks of currencies? #Cyprus [link]
@kangasbros » 23 Mar '13, 1pm
RT @rogerkver: I bet every Cypriot would now rather have their money in freely transferable, unregulated Bitcoins than in Euros [link]
@rogerkver » 23 Mar '13, 1pm
I bet every Cypriot would now rather have their money in freely transferable, unregulated Bitcoins than in Euros [link]
@ABOwarrior » 23 Mar '13, 12pm
RT @terresamonroe: US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions [link]
@swbuehler » 23 Mar '13, 12pm
US Begins Regulating BitCoin, Will Consider Virtual Transactions "Money Laundering" /read in @feedly [link]
@AlekseyBu » 23 Mar '13, 7am
WTF is BitCoin regulations? US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions [link]
@WhipeeDip » 23 Mar '13, 6am
US starting to regulate BitCoins - money laundering laws applied [link] /cc @MikeyASalazar
@RichardFantin » 23 Mar '13, 5am
US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions [link] #cdnpoli #uspoli #cfer
@Rep_DanGordon » 23 Mar '13, 5am
@ReformedBroker See this? #BTC [link]
@Rep_DanGordon » 23 Mar '13, 5am
@puellavulnerata Check this out that was just sent to me. Banksters making moves on #BTC #EndTheFed. [link]
@Rep_DanGordon » 23 Mar '13, 5am
RT @JonnyRonin: @Rep_DanGordon Reason: [link]
@JonnyRonin » 23 Mar '13, 5am
@Rep_DanGordon Reason: [link]
@dolguun » 23 Mar '13, 3am
RT @jennyworman: US Begins Regulating BitCoin, Will Consider Virtual Transactions "Money Laundering" | Zero Hedge [link]
@rblotnicky » 23 Mar '13, 2am
US Begins Regulating BitCoin, Will Consider Virtual Transactions "Money Laundering" | Zero Hedge SURPRISED?... [link]
@Neo_Number_Four » 22 Mar '13, 11pm
#Dollar #Is #Dying #Revealed US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules 2 Virtual Transactions [link]
@instapundit » 22 Mar '13, 10pm
RT @ThePoliticalHat: US begins regulating BitCoin, will apply "Money Laundering" rules to Virtual transactions [link] | #tcot #tlot #tpp #bitcoin
@ThePoliticalHat » 22 Mar '13, 10pm
US begins regulating BitCoin, will apply "Money Laundering" rules to Virtual transactions [link] | #tcot #tlot #tpp #bitcoin
@Moe_Fugger_72 » 22 Mar '13, 10pm
RT @IIIMEIIIXoP: US Begins Regulating BitCoin, Will Apply Money Laundering Rules 2 Virtual Transactions [link] @liposuctor cc @Moe_Fugger_72
@IIIMEIIIXoP » 22 Mar '13, 10pm
US Begins Regulating BitCoin, Will Apply Money Laundering Rules 2 Virtual Transactions [link] @liposuctor cc @Moe_Fugger_72