13 Aug '13, 10pm

Lawmakers, Banking Regulators Take On Bitcoin Yours truly yesterday taking #Bitcoin on All Things C…

Copyright © 2013 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required. AUDIE CORNISH, HOST: Right now, somewhere in the world, someone is buying and selling virtual currency. And it sounds like this... (SOUNDBITE OF TONES) CORNISH: This is from the website called ListenToBitCoin.com. It tracks and marks Bitcoin transactions in real time with a ring. (SOUNDBITE OF TONES) CORNISH: As a virtual currency, Bitcoin is traded peer-to-peer. There's no issuing country, no overseer like a federal reserve, no middle man like a bank. So, how to regulate it? Senate lawmakers are asking that question this week, so are banking regulators in New York. To better understand what they are up against, we turn now to Jerry Brito. He's a senior research fellow at the Mercatus Center at George Mason University and director of the Technology Polic...

Full article: http://www.npr.org/2013/08/13/211735430/lawmakers-banking...

Tweets

U.S. Regulators Aim to Close 'Wild West' Frontier of Bitcoin

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take note

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washingtonpost.com 13 Aug '13, 4pm

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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