“Bitcoin holds potential to act as ‘the Internet of money’ if regulated correctly, according to a new report from Google policy advisor Andy Yee. In an article for Internet Policy Review, Yee, who works as an analyst for Google’s Asia-Pacific division, arguesthat certain sectors of the bitcoin economy should be targeted with regulation modelled on existing digital frameworks. The paper goes on to advocate for a regulatory approach that allows innovation to take place while addressing the concerns of consumer safety advocates, financial regulators and law enforcement agencies, adding that the block chain actually provides regulators with a trove of useful information.”
http://www.coindesk.com/google-analyst-bitcoin-regulation/
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