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Former US Mint Director: How To Save Bitcoin from the Regulators - CoinDesk

Former US Mint Director: How To Save Bitcoin from the Regulators - CoinDesk | money money money | Scoop.it

Edmund Moy, the former director of the United States Mint under the Bush administration, first learned about bitcoin in the form of a footnote embedded in a coin demand forecast report.

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Russia may legalize bitcoin – Bank of Russia deputy chairman

Russia may legalize bitcoin – Bank of Russia deputy chairman | money money money | Scoop.it
The Bank of Russia has signaled it is ready to legalize the world’s first mainstream cryptocurrency, despite the big risks and setbacks the digital money has experienced. The Bank’s recognition means it can better regulate it, and even collect tax.
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California bill legalizes alternative currencies like Bitcoin and Dogecoin

California bill legalizes alternative currencies like Bitcoin and Dogecoin | money money money | Scoop.it

Almost exactly one year ago, the state of California told The Bitcoin Foundation to stop trading or face hefty fines.

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California Governor Jerry Brown Clears Bill to Overcome Bitcoin Obstacles - ForexMinute.com

California Governor Jerry Brown Clears Bill to Overcome Bitcoin Obstacles - ForexMinute.com | money money money | Scoop.it

According to reports California Governor Jerry Brown on Saturday signed a bill that clears away possible state-level obstacles to alternative currencies like Bitcoin. The new law now repeals an outdated California law that prohibited commerce using anything but USD.

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Why is it so hard to regulate Bitcoin? (Wired UK) - Wired.co.uk

Why is it so hard to regulate Bitcoin? (Wired UK) - Wired.co.uk | money money money | Scoop.it

Although increasingly popular, Bitcoin has long been troubled by the ogres of criminal activity and poorly secured exchanges. But regulation continues to be a highly controversial topic, as a group of researchers in The Netherlands recently discovered.

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California Opens Doors to Bitcoin

California Opens Doors to Bitcoin | money money money | Scoop.it
California lawmakers passed bill AB-129 on Monday which will create opportunity for the legal use of cryptocurrencies in the state.
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Swiss Regulators Give Green Light for Bitcoin ATM Network

Swiss Regulators Give Green Light for Bitcoin ATM Network | money money money | Scoop.it
The go ahead was received following recent uncertainty about the status of bitcoin ATMs in the country.
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Bitcoin Closer to Attaining Lawful Money Status in California - CoinDesk

Bitcoin Closer to Attaining Lawful Money Status in California - CoinDesk | money money money | Scoop.it

The California state legislature’s effort to effectively legalize bitcoin — along side a host of other alternative stores of value — as forms of money cleared an important procedural stage on Wednesday as it moved closer to becoming law.

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Canadian Economists: Bitcoin Needs Flexible Regulation to Thrive - CoinDesk

Canadian Economists: Bitcoin Needs Flexible Regulation to Thrive - CoinDesk | money money money | Scoop.it


The Montreal Economic Institute has published a research note on bitcoin in which it concluded that the digital currency's future hinges upon its legal status.

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Bitcoin and Regulation: Lessons from the Early Days of Skype

Bitcoin and Regulation: Lessons from the Early Days of Skype | money money money | Scoop.it

Michael Jackson, former COO of Skype and current venture capital investor at Mangrove Capital Partners, explores how bitcoin companies can learn from the early struggles Skype had with regulators across the globe.


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US states take lead in writing bitcoin rules - Reuters

US states take lead in writing bitcoin rules - Reuters | money money money | Scoop.it


Bitcoin is the most prominent of a group of so-called virtual currencies created by computers and governed by the Bitcoin Foundation, outside the control of any government.

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Regulators cannot protect bitcoin buyers - MarketWatch


The U.S. Securities and Exchange Commission this week finally issued a blanket investor alert about the potential dangers of investments in and with virtual currencies like Bitcoin.

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State regulator urges caution with bitcoin - Daily Record (subscription)

State regulator urges caution with bitcoin - Daily Record (subscription) | money money money | Scoop.it


The Maryland Commissioner of Financial Regulation has issued an advisory regarding virtual currency, including bitcoin.

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To Instill Love of Bitcoin, Backers Work to Make It Safe - New York Times

To Instill Love of Bitcoin, Backers Work to Make It Safe - New York Times | money money money | Scoop.it


In the last few months, the value of Bitcoin has been cut in half, in the face of questions about security issues and concerns about new regulations.

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Mass. regulators warn about bitcoin - Boston Globe

Mass. regulators warn about bitcoin - Boston Globe | money money money | Scoop.it


On Monday, the second bitcoin ATM in Massachusetts — and apparently just the fourth in the country — opened at the Clover Food Lab restaurant in Harvard Square.

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Regulators advise caution on Bitcoin - Columbus Dispatch

Regulators advise caution on Bitcoin - Columbus Dispatch | money money money | Scoop.it

If there’s a lesson to be learned from the Bitcoin furor, it’s that just because an investment is trendy and cool, that doesn’t mean you should abandon all common sense and sink your money into it. 

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Japan's Government Has No Plans To Regulate Bitcoin - TechCrunch

Japan's Government Has No Plans To Regulate Bitcoin - TechCrunch | money money money | Scoop.it

Following the implosion of Japanese exchange Mt.Gox, the Japanese government wanted to clarify its stance regarding the cryptocurrency. According to the Wall Street Journal, the government doesn’t consider Bitcoin a currency. Companies and individuals using Bitcoin don’t need to obtain a banking license or comply with regulatory standards. In other words, Japan could have become a Bitcoin haven for companies willing to avoid regulation at all costs.

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The U.K. is near to issuing rules that would treat bitcoin much like other currencies for tax purposes

The U.K. is near to issuing rules that would treat bitcoin much like other currencies for tax purposes | money money money | Scoop.it
The U.K.'s tax authority is near to issuing rules that would treat bitcoin and other virtual currencies much like regular money. (The U.K.
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Mt. Gox collapse spurs calls to regulate Bitcoin - Washington Post

Mt. Gox collapse spurs calls to regulate Bitcoin - Washington Post | money money money | Scoop.it

A leading Bitcoin exchange completed its weeks-long collapse Friday with a public apology and a bankruptcy filing, fueling calls for regulators to rein in the innovative virtual currency worth billions of dollars.

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Now, Nations Mull the Ways to Regulate Bitcoin - New York Times

Now, Nations Mull the Ways to Regulate Bitcoin - New York Times | money money money | Scoop.it

In Tokyo, where Mt. Gox is based, Japan’s top government spokesman, Yoshihide Suga, said on Wednesday that agencies including the Financial Services Agency, the Finance Ministry and the police were collecting information on the Bitcoin trade in Japan, with an eye toward regulatory action.

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Janet Yellen: Federal Reserve has no authority to regulate Bitcoin - The Guardian

Janet Yellen: Federal Reserve has no authority to regulate Bitcoin - The Guardian | money money money | Scoop.it


“Bitcoin is a payment innovation that's taking place outside the banking industry.

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Nine state regulators form Emerging Payments Task Force to study Bitcoin

Nine state regulators form Emerging Payments Task Force to study Bitcoin | money money money | Scoop.it

Bitcoin may be thriving as a relatively unregulated currency, but governments are beginning to pay it more heed as it grows in popularity. On Thursday, a group of nine state regulators formed the Emerging Payments task force; it is charged with studying virtual currencies and learning "how new entrants and technologies affect the stability of payment systems and the broader financial marketplace." Thus far, the move has been met with support — The Hill reports that Senator Tom Carper (D-DE) called the task force an "important step" toward protecting existing financial institutions from unregulated currencies.

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Regulators and Hackers Put Bitcoin to the Test - New York Times

Regulators and Hackers Put Bitcoin to the Test - New York Times | money money money | Scoop.it

Bitcoin is facing significant growing pains as it struggles to move beyond a stormy adolescence.

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BITCOIN REVOLUTION Looms as People Seek ALTERNATIVE CURRENCY

A denial-of-service attack, in which a website is flooded with massive requests for data, obstructed Bitstamp's ability to check account balances, the exchange said in a statement. Customers can withdraw cash but not Bitcoins, as the company works to fix services, Nejc Kodric, Bitstamp's chief executive officer, wrote in an e-mail.

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Big Apple bit: New York to introduce regulations for bitcoin ... - RT.com

Big Apple bit: New York to introduce regulations for bitcoin ... - RT.com | money money money | Scoop.it

New York’s financial regulator will adopt rules to govern virtual currency firms with a view to combatting money laundering. The move comes in the wake of a series of hack attacks that have halted bitcoin transactions across the globe.

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation