“It’s important to note here that Homeland Security is not cracking down on Bitcoin itself, just on how it’s being exchanged by Mt. Gox. This is actually good news for Mt. Gox’s US-based competitors, such as Seattle-based CoinLab and San Francisco-based Coinbase, Bitcoin exchanges that have registered with the Treasury Department as money transmitters and thus are in the legal clear to conduct Bitcoin <—> $ exchanges. Mt. Gox’s legal troubles don’t seem to be affecting the value of Bitcoin, which has been hovering in the $115 range for the last week.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Senator: Contractor that vetted Snowden is under investigation
Drug lords make billions smuggling gold to Miami for jewelry and phones
China bans major shareholders from selling for next six months
‘The U.S. effect’: Researchers encouraged to report exaggerated or eye-catching results
China Introduces $483 Billion Stock Support Program
Packed Seattle hearing on new pot law
Mexican town finds more security by throwing out the police
Human Rights Watch: U.S. covering up the extent of waterboarding in CIA prisons
American weapons blamed for health problems at hospital in Fallujah
Health Premiums Up $3,000 Since Obama Vowed $2,500 Cut
Under U.S. tariff pressure, world's largest semiconductor plant to be built in China
Margin Debt Hits Record High
Ferguson is an occupation in plain sight
Into the Bitcoin Mines
US expat in Switzerland builds North Korean schools