26 Feb '14, 8pm

Democratic senator demands complete U.S. ban on Bitcoin: Sen. Joe Manchin, who has not exactly been a booster

Dear Secretary Lew, Chairwoman Yellen, Commissioner Curry, Acting Chairman Wetjen, Chairman Gruenberg, Chairwoman White: I write today to express my concerns about Bitcoin. This virtual currency is currently unregulated and has allowed users to participate in illicit activity, while also being highly unstable and disruptive to our economy. For the reasons outlined below, I urge regulators to take appropriate action to limit the abilities of this highly unstable currency. By way of background, Bitcoin is a crypto-currency that has gained notoriety in recent months due to its rising exchange value and relation to illegal transactions. Each Bitcoin is defined by a public address and a private key, thus Bitcoin is not only a token of value but also a method for transferring that value. It also means that Bitcoin provides a unique digital fingerprint, which allows for anonymous...

Full article: http://news.cnet.com/8301-13578_3-57619592-38/democratic-...

Tweets

SENATOR CALLS FOR BITCOIN BAN by @rjwile

businessinsider.com 26 Feb '14, 7pm

Our foreign counterparts have already understood the wide range of problems even with Bitcoin’s legitimate uses - from its...

Senator Wants to Ban Bitcoin for Being 'Disrupt...

mashable.com 26 Feb '14, 9pm

Dear Secretary Lew, Chairwoman Yellen, Commissioner Curry, Acting Chairman Wetjen, Chairman Gruenberg, Chairwoman White: I...

Bitcoin exchange's collapse is probed by US and Japanese regulators - Los Angeles Times

Bitcoin exchange's collapse is probed by US and...

latimes.com 27 Feb '14, 12am

U.S. and Japanese regulators are investigating the collapse of the world's largest exchange for trading bitcoins, the virt...

Friday Poll: Should Bitcoin be banned?: A senat...

news.cnet.com 28 Feb '14, 2pm

It's been a strange couple weeks in the realm of Bitcoin, the cryptocurrency that defies government regulation. The first ...

YELLEN: Fed Has No Authority To Regulate Bitcoin

YELLEN: Fed Has No Authority To Regulate Bitcoin

businessinsider.com 27 Feb '14, 5pm

REUTERS/Joshua Roberts U.S. Federal Reserve Vice Chair Janet Yellen testifies during a Senate Banking Committee confirmati...

white

white

thinkprogress.org 27 Feb '14, 9pm

Breaking that down, about 95 percent of Bitcoin users are men, about 61 percent say they’re not religious, and about 44 pe...

In response to Sen. Manchin's letter to ban #bi...

polis.house.gov 05 Mar '14, 6pm

Today, U.S. Congressman Jared Polis (D-CO) sent a letter to federal regulators seeking a ban on United States dollar bills...

Congressman

Congressman

forbes.com 05 Mar '14, 11pm

Dear Secretary Lew, Chairwoman Yellen, Comptroller Curry, Acting Chairman Wetjen, Chairman Gruenberg, Chairwoman White: I ...

New Fed Chair: We Don't Have Authority on Bitcoin

New Fed Chair: We Don't Have Authority on Bitcoin

mashable.com 27 Feb '14, 5pm

The new Federal Reserve chairwoman Janet Yellen believes her organization has no authority to regulate Bitcoin , Yellen sa...

U.S. attorney subpoenaed Mt Gox, other bitcoin businesses: source: By Emily Flitter NEW YORK (Reuters) - Manha...

U.S. attorney subpoenaed Mt Gox, other bitcoin ...

news.yahoo.com 27 Feb '14, 4am

NEW YORK (Reuters) - Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and bus...