“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.”
Related posts:
WikiLeaks Volunteer Was a Paid Informant for the FBI
Online Gambling Stocks: Will the US Cash In?
3 Acts of American Education System Insanity
Commentator Donna Brazile Gets Obamanized (Note: Very Painful)
Trump bans CDC from using words like "transgender" and "fetus"
Bitcoin going mainstream? Exchange approved to operate as a bank
James Clapper Says Feds Will Start Releasing Some FISA And NSL Metadata
Phoenix Police “Help” a Man to Death
Sign language-to-speech translating gloves take out Microsoft Imagine Cup 2012
Perception vs. Experience: Misconceptions about Puerto Rico
CEO of Russian Sberbank ‘Endorses Virtual Currencies’
Could a Civil War-Era Law Stamp Out Bitcoin?
How Inventor Paul Vo Created a Little Black Box That Could Change Guitars Forever
Police Chief Mark Kessler: Academy trains officers to treat everyone like a criminal
How CBP Illegally Tried to Unmask a Rogue Twitter Account