“As the tech industry grapples with the potential benefits and risks of the digital currency Bitcoin, policymakers should take care not to impose heavy-handed restrictions on an innovative platform that could transform global commerce, a pair of researchers at George Mason University’s Mercatus Center argue in a new policy paper. Brito and Castillo explore a variety of avenues where U.S. regulators could establish oversight over Bitcoin, including through anti-money laundering laws administered by the Treasury Department, at the Commodities Futures Trading Commission or under the laws that govern money transmitters like PayPal.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Nigel Farage and His UKIP Party Win Big in Britain Once More
Median Household Income Is Flat
Coinbase: First $1,000,000 USD in merchant processing is now free!
U.S. Cities Where It’s Cheaper to Buy Than Rent
Pot Will Revive Small-Town America
Investing: 'When things go on sale, people run out of the store'
A New Digital Currency Whose Value Is Based on Your Reputation
Bitcoin upgrade aims for smoother e-commerce
Households On Foodstamps Rise To New Record
New WiFi-Enabled Rifle Assists Hitting Moving Targets At Long Range
Matt Drudge Breaks Up With Republicans, Joins Libertarians
Obama stripping CIA of drone powers
Man Uses Bitcoin to Buy a Piece of Paradise in Nicaragua
Swiss banks urge U.S. tax dodgers to come clean to beat deadline
Google: Gmail users ‘have no legitimate expectation of privacy’