Bitcoin Comes Under Senate Scrutiny

“By summoning officials from the executive branch to talk about bitcoin, lawmakers are signaling that virtual currencies should be a priority. Sens. Tom Carper (D., Del.) and Tom Coburn (R., Okla.), the top lawmakers on the Homeland Security panel, have also asked several financial-industry regulators and law-enforcement agencies for information about their policies on virtual currencies. In an Aug. 12 letter, the senators cited a number of policy concerns, including a Texas case this year in which a man was charged with running a bitcoin-related Ponzi scheme and a May Government Accountability Office report that said the use of virtual currencies could lead to lost tax revenue.”

http://blogs.wsj.com/washwire/2013/11/05/bitcoin-comes-under-senate-scrutiny/

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