13 Aug '13, 4pm

Congress starts investigating Bitcoin

Congress starts investigating Bitcoin By Timothy B. Lee , Published: August 13 at 12:26 pm E-mail the writer Comments Tweet More Sen. Tom Carper (D-Del.) (Charles Dharapak/AP) Bitcoin, the once-obscure virtual currency, is getting attention from the most mainstream of all institutions: Congress. The chairman of the Senate Committee on Homeland Security, Thomas Carper (D-Del.) and his Republican counterpart Tom Coburn (R-Okla.) have announced plans to begin probing the virtual currency and the regulatory regime that governs it. The new inquiry was announced in a Monday letter to Homeland Security Secretary Janet Napolitano. “Virtual currencies appear to be an important emerging area,” the senators wrote, arguing that the subject “demands a holistic and whole-government approach to understand and provide a sensible regulatory framework.” Similar letters were also sent to the...

Full article: http://www.washingtonpost.com/blogs/the-switch/wp/2013/08...

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Congress starts investigating Bitcoin

washingtonpost.com 13 Aug '13, 6pm

Congress starts investigating Bitcoin By Timothy B. Lee , Published: August 13 at 12:26 pm E-mail the writer Comments Twee...

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Copyright © 2013 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required. A...

Senate panel launches inquiry in Bitcoin, other virtual currencies

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