“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:
China Mulling Implementing FATCA-Like Law To Reduce Tax Evasion
Francois Hollande lurches Right in historic U-Turn to save French economy
South Korea's $4 Million Teacher
Navy Radio System Blamed For Crippling Garage Doors
Police Chief Caught On Video Assaulting Shackled Inmate
As prices soar, Indians exchange gold for cash
Jay Leno’s at the Top of his Game, so Why Is NBC Replacing Him?
Junk-Bond Funds Extend Losses as Lucidus Liquidates Holdings
Ride-sharing companies like Uber may lose ‘bandit cab’ stigma in California
Indians urged to recycle stashed gold
SpaceX Launches Craft for Space Station Deliveries
Trump signs order giving police greater authority, citing phantom "rising crime"
Uber driver fleeing taxi inspector takes passengers for wild ride
Swiss government reveals 'solution' to settle US tax dispute
India Could Be The Next Booming Market For Bitcoin