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Posted on 02/01/2014 9:38:53 AM PST by Errant
FinCEN’s rulings on cryptocurrency compliance yesterday have drawn praise from a congressional leader. He nevertheless cautioned government agencies to continue working together on a cohesive strategy to deal with virtual currency.
Senator Tom Carper (D-Del) praised the Treasury-based agency for releasing the two rules, which exempted miners from MSB licensing, and also clarified rules for businesses that wanted to buy and sell bitcoins for their own purposes.
(Excerpt) Read more at coindesk.com ...
Other News:
•Bitcoin's Legality Around The World [Forbes]
•Hedge fund boss: Bitcoin over gold? Are you kidding? [USA Today]
•Bitcoin back: Major exchange resumes yuan trading [CNBC]
•Read All About It: Sun-Times Experiments With Bitcoin Paywall on Saturday [WSJ]
•Bitcoin’s Fate Is in the Hands of Clueless Regulators [I don't think so, Jack]
If I had to guess, I would guess this congressman is invested in bitcoin.
I like his “wait and see” attitude.
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