U.S. Treasury to Bitcoin: We Are Watching

Two years ago, when Gavin Andresen, the lead developer of the Bitcoin software was invited by the CIA to present his thoughts on the experimental cryptocurrency, it was the first indication that federal agencies were beginning to take interest. But in the two years since he made the trip, it's been unclear whether the financial arms of the government were as hip to the technology as their friends over at Langley. Well, now we know. The U.S. Department of Treasury has been watching not only Bitcoin, but all virtual currencies. And this week, the Financial Crimes Enforcement Network (FinCEN) published a list of guidelines intended to help money transmitters who deal in virtual currencies to comply with the Bank Secrecy Act. Many in the Bitcoin community suspected that some kind of regulation was fast approaching. The currency has had a few significant growth spurts of late, ...

Full article: http://spectrum.ieee.org/tech-talk/computing/networks/us-...

Tweets

@jjerums » 29 Mar '13, 11am
@AnsisEgle @vigants US Fin.Min BitCoin-veidīgos principā ir definējusi kā naudu. [link]
@1Marchella » 27 Mar '13, 3am
@kevinboyd1984 Bingo! [link]
@Xilrian » 26 Mar '13, 3pm
Legislation about bitcoin in US“@holyhologram: @Xilrian Ca devrait t'intéresser : [link]”
@holyhologram » 26 Mar '13, 8am
@Xilrian Ca devrait t'intéresser : [link]
@waspoza » 24 Mar '13, 10pm
U.S. Treasury to Bitcoin: We Are Watching [link] via @IEEESpectrum #bitcoin
@davidyerle » 24 Mar '13, 10pm
U.S. Treasury to Bitcoin: We Are Watching [link] via @feedly
@TheDoctorHolly » 24 Mar '13, 8pm
have you heard of bitcoins...you may want to look at this... [link]
@maseratisnotty » 22 Mar '13, 9pm
RT @nsashi: U.S. Treasury to Bitcoin: We Are Watching: U.S. Treasury Department says Bitcoin is money, publishes new regulations [link]
@efseidman » 22 Mar '13, 6pm
U.S. Treasury to Bitcoin: We Are Watching - IEEE Spectrum: IEEE SpectrumU.S. Treasury to Bitcoin: We Are Watch... [link]
@MyDummyrss » 22 Mar '13, 4pm
U.S. Treasury to Bitcoin: We Are Watching: U.S. Treasury Department says Bitcoin is money, publishes new regulations [link]
@xvdr » 22 Mar '13, 4pm
U.S. Treasury to Bitcoin: We Are Watching [link] #tech
@electrosoftinc » 22 Mar '13, 4pm
U.S. Treasury to Bitcoin: We Are Watching [link]
@nsashi » 22 Mar '13, 9pm
U.S. Treasury to Bitcoin: We Are Watching: U.S. Treasury Department says Bitcoin is money, publishes new regulations [link]
@Hfuhs » 22 Mar '13, 8pm
U.S. Treasury to Bitcoin: We Are Watching - [link]
@MDavidAlbritton » 22 Mar '13, 7pm
U.S. Treasury to Bitcoin: We Are Watching - IEEE Spectrum [link]
@EDANews » 22 Mar '13, 4pm
U.S. Treasury to Bitcoin: We Are Watching [link]