26 Aug '13, 2pm

Bitcoin lobbyists host meet-and-greet with Homeland Security and other agencies today

Members of the Bitcoin Foundation , the trade organization that represents the virtual currency that approximates cash on the internet, are having a series of "educational meetings" today with politicians, regulators, law enforcement officials, and federal agencies including the Department of Homeland Security, Treasury Department, and Federal Bureau of Investigation. The overall message that the Foundation is trying to send is that Bitcoin has proven itself to be a useful and enduring tool, and that the US will suffer competitively if the currency becomes illegal or too onerous to use under American law. In March, a division of the Treasury Department announced that certain Bitcoin businesses must register with the federal government , a requirement the Foundation says would be crippling for many startups. "The federal government has taken an active interest in understand...

Full article: http://www.theverge.com/2013/8/26/4657950/bitcoin-lobbyis...

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Bitcoin Foundation to meet with Dept. of Homeland Security, the FBI, the Federal Reserve, and the IRS

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online.wsj.com 26 Aug '13, 12am

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