Bitcoin is legal, let it evolve into its role, researchers urge

“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.”

http://www.techhive.com/article/2047369/bitcoin-is-legal-let-it-evolve-into-its-role-researchers-urge.html

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