27 Feb '14, 6pm

Fed chief Yellen: Bitcoin is beyond the jurisdiction of the Federal Reserve

Fed chief Yellen: Bitcoin is beyond the jurisdiction of the Federal Reserve

Federal Reserve chief Janet Yellen. (Credit: BRENDAN SMIALOWSKI/AFP/Getty Images) If Bitcoin owners were hoping for regulatory help from the Federal Reserve, Chair Janet Yellen disabused that notion in testimony before Congress on Thursday. "To the best of my knowledge there's no intersection at all in any way between Bitcoin and banks that the Federal Reserve has the ability to supervise and regulate," Yellen said. "So the Federal Reserve simply does not have authority to supervise or regulate Bitcoin in any way." The last week has been one of the most tumultuous in Bitcoin's brief history with the seeming disappearance of one of the major Bitcoin exchanges, Mt. Gox, which acknowledged a major theft that it described as a "tragic violation of the trust of users of Mt. Gox." Related posts Bitcoin exchanges reportedly served with subpoenas Sen. Manchin demands complete US b...

Full article: http://news.cnet.com/8301-11386_3-57619656-76/fed-chief-y...

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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...

Fed Doesn't Have Authority to Regulate Bitcoin,...

nationaljournal.com 27 Feb '14, 7pm

The Federal Reserve Board doesn't have the authority to regulate bitcoin, Fed Chair Janet Yellen said Thursday. "To the be...

Janet Yellen: Federal Reserve has no authority to regulate Bitcoin

Janet Yellen: Federal Reserve has no authority ...

theguardian.com 27 Feb '14, 6pm

The Federal Reserve has no authority to supervise or regulate Bitcoin , chair Janet Yellen told Congress on Thursday. Test...

Janet Yellen on #bitcoin: The Fed doesn’t have authority to regulate it in any way.

Janet Yellen on #bitcoin: The Fed doesn’t have ...

blogs.wsj.com 27 Feb '14, 5pm

“The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way,” Ms. Yellen said Thursday...

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...

Japan says any bitcoin regulation should be int...

reuters.com 27 Feb '14, 6pm

TOKYO (Reuters) - Any regulation of the bitcoin crypto-currency should involve international cooperation to avoid loophole...

When there are calls to regulate Bitcoin...

ronpaulchannel.com 07 Mar '14, 10pm

Ever since the Great Depression, governments have increasingly endorsed the Keynesian idea that regulation settles markets...

Mt. Gox Bitcoin exchange files for bankruptcy

Mt. Gox Bitcoin exchange files for bankruptcy

usatoday.com 28 Feb '14, 10am

Bitcoin trader Kolin Burges stands in protest outside an office building housing Mt. Gox in Tokyo. (Photo: Shizuo Kambayas...

MtGox chief quits Bitcoin Foundation

bbc.co.uk 24 Feb '14, 8am

Continue reading the main story How Bitcoin works Bitcoin is often referred to as a new kind of currency. But it may be be...

BBC News - MtGox chief Mark Karpeles quits Bitc...

bbc.co.uk 24 Feb '14, 8am

Continue reading the main story How Bitcoin works Bitcoin is often referred to as a new kind of currency. But it may be be...

Tokyo bitcoin exchange files for bankruptcy

Tokyo bitcoin exchange files for bankruptcy

news.yahoo.com 28 Feb '14, 10am

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850...

MtGox chief quits Bitcoin Foundation: The chief...

bbc.co.uk 24 Feb '14, 8am

Continue reading the main story How Bitcoin works Bitcoin is often referred to as a new kind of currency. But it may be be...

Collapse of exchange spells trouble for bitcoin

Collapse of exchange spells trouble for bitcoin

news.yahoo.com 25 Feb '14, 10pm

TOKYO (AP) — The sudden disappearance of one of the largest bitcoin exchanges only adds to the mystery and mistrust surrou...