26 Feb '14, 9pm

Senator Wants to Ban Bitcoin for Being 'Disruptive to Our Economy'

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://mashable.com/2014/02/26/senator-manchin-bitcoin-ban/

Tweets

SENATOR CALLS FOR BITCOIN BAN by @rjwile

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Democratic senator demands complete U.S. ban on...

news.cnet.com 26 Feb '14, 8pm

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

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white

white

thinkprogress.org 27 Feb '14, 9pm

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YELLEN: Fed Has No Authority To Regulate Bitcoin

businessinsider.com 27 Feb '14, 5pm

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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...

Congressman

Congressman

forbes.com 05 Mar '14, 11pm

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

Janet Yellen: Federal Reserve has no authority to regulate Bitcoin

Janet Yellen: Federal Reserve has no authority ...

theguardian.com 27 Feb '14, 6pm

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

mashable.com 27 Feb '14, 5pm

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nytimes.com 05 Mar '14, 7pm

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