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Interpreting the Recent FinCEN Rulings on Virtual Currencies

This article is a review of the current FinCEN administrative rulings as they apply to the use of virtual currencies in the United States.

FinCEN Issues Money Service Business Clarification

On December 27th, CoinText.com reported that FinCEN has issued a clarification to the money service business rules for Bitcoin miners. Individuals and companies who...

Bitcoin Launders Your Dirty Money

…but it doesn’t come out very clean.In recent months, the public perception of Bitcoin has developed from little-known tech curiosity into one of the...

US Senate Meets Bitcoin Day 2

Today, the Bitcoin community entered into the halls of the US Senate once again, this time for a US Senate Committee on Banking, Housing...

US Senate Meets Bitcoin Day 1

With a tremendous build-up heading into yesterday’s hearing, the price of BTC peaked at over 600 USD. At the start of today’s hearing beginning...

Obama Initiative Spawns Identity Based Bitcoin Greenlist

The IDESG or Identity Ecosystem Steering Group recently filed paperwork with the Commonwealth of Virginia to incorporate the IDESG as a nonprofit corporation. The...

Tradehill Confirms Trading Suspension

One day after customers reported receiving emails indicating that Bitcoin exchange Tradehill was closing shop for the second time in as many years, the...

Regulators Taking a Hiatus to Learn a Bit More About Bitcoin

On Monday and Tuesday of this week, representatives from the Bitcoin Foundation met successfully met with regulators and Capitol Hill Staff. Without a clear...

The United States’ Regulatory Shame

Over the past year, we have seen over a dozen countries' governments weigh in on Bitcoin in some fashion. Australia, and the Netherlands simply...

Bitcoin Foundation Continues Legal Offensive With Request for Clarification on Liberty Reserve

The Bitcoin Foundation took a decisive turn in its strategy for defending Bitcoin three weeks ago when the organization wrote its reply to a...
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