24 Aug '13, 11pm

#Bitcoin Regulations Evolving: The regulatory environment surrounding Bitcoin (#BTC) is…

#Bitcoin Regulations Evolving: The regulatory environment surrounding Bitcoin (#BTC) is…

While BTC to BTC trades could hypothetically be traded without oversight, the regulators can intervene by regulating conversions from Bitcoin to any hard currencies. And by regulating the BTC to currency conversion, they are forcing these regulated exchanges to perform due diligence on all the partners they work with to ensure that parties further down the chain also have effective compliance programs, even if they just involve Bitcoin to Bitcoin transactions.

Full article: http://www.livetradingnews.com/bitcoins-complex-changing-...

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