05 Jun '13, 5pm

siliconANGLE » Bitcoin Weekly 2013 June 5: The Federal Reserve 'Studies ... - SiliconANGLE (blog) #bitcoin

siliconANGLE » Bitcoin Weekly 2013 June 5: The Federal Reserve 'Studies ... - SiliconANGLE (blog) #bitcoin

While this week hasn’t been overly dramatic for the Bitcoin market, that doesn’t mean that there isn’t a lot of questions still rolling around about regulation and government activity. Last month, we saw MtGox’s Dwolla account sized by the US government, Liberty Reserve get shut down for criminal activity, and further money exchange domains have been called for capture. Keeping track of the Bitcoin community has become about understanding currency regulation. Which is why I’m including FinCEN’s boss recently outlining rules for Bitcoiners reported over at CoinDesk . As for this week’s news, the Federal Reserve has commissioned a study of modern day money transmission–which includes PayPal and Bitcoin–but there’s not much to report on what the Fed thinks about either. It’s understandable because a currency such as BTC could essentially cut out banks and credit agencies from...

Full article: http://siliconangle.com/blog/2013/06/05/bitcoin-weekly-20...

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The Fed Is Studying The Risks Of Bitcoin

The Fed Is Studying The Risks Of Bitcoin

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will

will

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