13 Aug '13, 9pm

US Senate committee takes a hard look at virtual currencies like Bitcoin

A prominent U.S. Senate committee has launched a formal inquiry to investigate criminal activity and other risks tied to the use of virtual currencies such as Bitcoins. The inquiry was revealed in a letter from the Senate Committee on Homeland Security and Governmental Affairs that was sent Monday to Homeland Security secretary Janet Napolitano. It constitutes the first congressional inquiry into virtual currencies at a broad scale. Virtual currencies are digital-based monies that can be sent quickly between people over the Internet, often with no central bank or government entity backing them. Bitcoin is one of the most popular forms of this type of currency. The letter, made public Tuesday, urges caution toward virtual currencies while at the same time citing the speed of virtual payments and their potential for profitable investment as attractive to entrepreneurs and in...

Full article: http://www.pcworld.com/article/2046586/us-senate-committe...

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Senate committee launches inquiry in Bitcoin

Senate committee launches inquiry in Bitcoin

news.cnet.com 14 Aug '13, 1am

Bitcoin and other virtual currencies are getting hit from all sides by U.S. regulators. The Senate Committee on Homeland S...

Senate panel launches inquiry in Bitcoin, other virtual currencies

Senate panel launches inquiry in Bitcoin, other...

news.cnet.com 14 Aug '13, 1am

Bitcoin and other virtual currencies are getting hit from all sides by U.S. regulators. The Senate Committee on Homeland S...

Senate panel launches inquiry in Bitcoin, other virtual currencies

Senate panel launches inquiry in Bitcoin, other...

news.cnet.com 14 Aug '13, 2am

Bitcoin and other virtual currencies are getting hit from all sides by U.S. regulators. The Senate Committee on Homeland S...

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economictimes.indiatimes.com 13 Aug '13, 11pm

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mashable.com 15 Aug '13, 3pm

A high-profile Senate committee kicked off an investigation into Bitcoin and other virtual currencies this week. In a lett...

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