10 Aug '13, 5pm

Federal judge rules that #Bitcoin is a currency and can be regulated by the #SEC as a #security: #PJNET #TGDN #TCOT

Federal judge rules that #Bitcoin is a currency and can be regulated by the #SEC as a #security: #PJNET #TGDN #TCOT

Because of this ruling, the federal government will most likely move to regulate Bitcoins. Until now, the digital currency had been used to anonymously buy illegal products and services such as drugs through a black market service called the Silk Road. We previously reported that the federal government had potentially infiltrated the Silk Road, now it seems that such efforts will continue in force. While many may agree with movements to shut down the purchase of harmful substances or criminal services, its sad to see one of the few unregulated means of commerce in the world fall under the palm of the government. Like most things, Bitcoins are tools. They can of course be used to purchase bad things, but so can dollars. Considering the federal government is almost completely based on being the only game in town when it comes to printing currency, I’m sure they will do whate...

Full article: http://tavernkeepers.com/judge-rules-bitcoins-are-a-curre...

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dailycaller.com 09 Aug '13, 1am

A federal judge ruled that Bitcoin, the fledgling online currency that has exploded in value since its initial introductio...

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infowars.com 10 Aug '13, 1pm

When the Securities and Exchange Commission (SEC) charged Trendon Shavers, the founder of Bitcoin Savings and Trust (BTCST...

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news.cnet.com 08 Aug '13, 12am

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forbes.com 07 Aug '13, 6pm

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finextra.com 08 Aug '13, 9am

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coindesk.com 07 Aug '13, 12pm

A judge in Texas has ruled that bitcoin is a currency or form of money, which gives the Securities and Exchange Commission...

Bitcoin is a currency, rules US judge

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independent.co.uk 16 Aug '13, 1pm

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nbcnews.com 08 Aug '13, 7pm

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gigaom.com 07 Aug '13, 3pm

A Texas man who is being sued by security regulators for swindling investors failed to persuade a federal judge that the c...