20 Jul '13, 10pm

Bitcoin Foundation Continues Legal Offensive With Request for Clarification on Liberty Reserve

Maintaining consistent definitions is important . Quoting the letter: “For example, the Finding describes Liberty Reserve as a “web-based money transfer system, or ‘virtual currency.’” In doing so, FinCEN infuses virtualcurrency with a new definition – namely, a web-based money transfer system. This definition of virtual currency is inconsistent with the definition FinCEN issued in its March 18, 2013Guidance … By equating virtual currency with “web-based money transfer system” in the Finding and the Proposed Rule, FinCEN risks muddying the analysis required byits own Guidance.” The letter instead recommends that FinCEN use its own language from its own March 18 guidance , perhaps calling Liberty Reserve the administrator of a centralized virtual currency system. Anonymity is not necessarily criminal . Once again from the letter: “The Finding and Proposed Rule broadly state...

Full article: http://bitcoinmagazine.com/bitcoin-foundation-continues-l...

Tweets

Bitcoin Foundation Files Comments on FinCEN's Liberty Reserve Proceedings

Bitcoin Foundation Files Comments on FinCEN's L...

thegenesisblock.com 19 Jul '13, 8pm

Today the Bitcoin Foundation filed comments with FinCEN regarding the regulator’s Notice of Finding in the Liberty Reserve...

Bitcoin Foundation Comments on Liberty Reserve ...

scribd.com 19 Jul '13, 7pm

In the Proposed Rule, FinCEN proposes to require financial institutions to impose “special measures” against Liberty Reser...

With LIberty Reserve shuttered, will Bitcoin ta...

scmagazine.com 19 Jul '13, 2pm

With Liberty Reserve shuttered, will Bitcoin take its place? In the aftermath of Liberty Reserve's shutdown , security exp...

Will Bitcoin replace Liberty Reserve?: ...for t...

m.scmagazine.com.au 22 Jul '13, 2am

Security experts have begun deciphering what cyber criminals will run to next for their under-the-table online transaction...

Bitcoin Foundation’s Legal Defense Fund and Reg...

There may be good reasons for doing this. In 2011, a New York criminal law attorney attempted to trademark the term “Bitco...

Bitcoin Foundation: ‘FinCEN should clarify all virtual currency transactions aren’t inherently suspect’

Bitcoin Foundation: ‘FinCEN should clarify all ...

coindesk.com 19 Jul '13, 7pm

The Bitcoin Foundation has asked the Financial Crimes Enforcement Network (FinCEN) to make sure its rule against Liberty R...

#bitcoin

#bitcoin

bitcoinmagazine.com 22 Jul '13, 10pm

Films like this documentary, and the Rise and Rise of Bitcoin scheduled to come out at the end of this year, are represent...

Я выиграл BitCoin в

satoshidice.ru 19 Jul '13, 5pm

$ sha256sum hash.keys 86adc01f03ec0c5a656dcf402364852b00320195c4788e62dc07882f5dbe93ed hash.keys $ java -jar jar/BitcoinTi...

Beef and Bitcoin #bitcoin

Beef and Bitcoin #bitcoin

bitcoinmagazine.com 26 Jul '13, 2am

If the level of participation shown by meetup attendance is a reliable indicator, Bitcoin interest appears to be rising in...

Bitcoin Foundation forms committees for legal defence and regulation

Bitcoin Foundation forms committees for legal d...

coindesk.com 15 Jul '13, 1pm

The Bitcoin Foundation has created three legal committees to offer help and guidance to businesses and individuals in the ...

Synergetic Press: First Publisher to Accept Bitcoin

Synergetic Press: First Publisher to Accept Bit...

bitcoinmagazine.com 23 Jul '13, 12pm

and a wide array of texts, Synergetic Press “challenges readers to want more for themselves and their planet and to rise t...

Feature Your Bitcoin Related Business #bitcoin

Feature Your Bitcoin Related Business #bitcoin

bitcoinmagazine.com 26 Jul '13, 5pm

Bitcoin Magazine would like to thank the movers and shakers in the Bitcoin community who are taking steps to proactively i...

Jeffrey Tucker: ‘Bitcoin Makes The Dollar Look ...

libertycrier.com 21 Jul '13, 11pm

Latest Win For Colorado Gun-rights Activists: Recall Election Set Sept. 10 New strategy: Register gun owners…to vote Armed...

In Bitcoin We Trust? - Wall Street Pit

wallstreetpit.com 19 Jul '13, 8pm

By now you have probably heard of Bitcoin , but can you define it? Most often it is described as a non-government digital ...