22 January 2014

Bitcoin Regulations

<p>On Tuesday, January 14, Wells Fargo's anti-money laundering unit organized a meeting in San Francisco to discuss “rules of engagement for Bitcoin. Reportedly in attendance were representatives from other major banks, federal and state regulators, crypto currency experts and other industry representatives. As Bitcoin continues to grow, the meeting was an unusually public result of the regulatory vacuum surrounding its adoption in the United States. What the attendees discussed will doubtless be disclosed in the days to come, but what is certain is that a wide variety of stakeholders have a vested interest in seeing Bitcoin succeed and the US government seems inclined at present to allow that to happen. Other Recent Regulatory Developments: Last week, Senator Thomas Carper, Chairman [</p> January 22, 2014 at 11:23AM