
“The founder of Coinsetter, one of the 22 companies subpoenaed on Monday as part of an effort to regulate Bitcoin and other cryptocurrencies, isn’t concerned about the future of his industry. Not in the least bit. ‘In the future, most people will use Bitcoin without even knowing it,’ Jaron Lukasiewicz, cofounder and CEO of Coinsetter, a foreign exchange trading platform for Bitcoin, wrote in an email to me. ‘Bank transfers will take place over the Bitcoin network, making transfers quick and inexpensive for both banks and consumers.’ The New York City-based Coinsetter raised $500,000 from Tribeca Vebture Partners this April.”
http://upstart.bizjournals.com/money/loot/2013/08/16/subpoenaed-coinsetter-ceo-on-bitcoin.html
Related posts:
FinCEN Fines Ripple Labs for Bank Secrecy Act Violations
Nevada bill would legalize gambling on federal elections
Bitcoin Foundation On Capitol Hill, Day Two: Legislators
School Offers Counseling for Students Troubled by Pastry-Gun Incident
The United States Plummets to 18th in New Economic Freedom of the World Rankings
Holder: Limit journalistic privilege in Jeffrey Sterling’s espionage trial
WV teacher threatened with fine for violating Obama school snack rules
Janet Napolitano Asked About DHS's 2,700 Armored Trucks
The Thieves Who Steal Sunken Warships, Right Down to the Bolts
NYPD officer charged with multiple felonies for unlawful arrest of Times photographer
It’s time we saw economic sanctions for what they really are – war crimes
Ascension of Central Banker Carney Continues to Instruct Us
The Military Industrial Complex Will Bankrupt America
Cops with Drones: Alameda Co., CA Weighs Technology vs. Privacy
Rand Paul Endorses Military Action Against Iran