14 Aug '13, 1am

Senate panel launches inquiry in Bitcoin, other virtual currencies

Senate panel launches inquiry in Bitcoin, other virtual currencies

Bitcoin and other virtual currencies are getting hit from all sides by U.S. regulators. The Senate Committee on Homeland Security is the newest group to look into the practices of upstart virtual currencies. The committee sent inquiry letters to all major financial regulators and law enforcement agencies on Monday, according to The New York Times . The letters asked the regulators and agencies about the "threats and risks related to virtual currency." One of the people involved in the committee's investigation told The New York Times, "This is something that is clearly not going away and it demands a whole government response." Digital currencies aren't regulated, which is what worries government regulators. The virtual money can be manipulated or used to launder other types of money. Also, an all-digital currency allows people to evade various countries' currency controls...

Full article: http://news.cnet.com/8301-1023_3-57598417-93/senate-commi...

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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...

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...

US Senate committee takes a hard look at virtua...

pcworld.com 13 Aug '13, 9pm

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news.sky.com 14 Aug '13, 8am

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news.sky.com 14 Aug '13, 11am

A US Senate committee has launched investigations into Bitcoin and other virtual currencies amid concerns over criminal ac...

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

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Senate Opens Bitcoin Investigation

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mashable.com 15 Aug '13, 3pm

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