Wednesday, January 29, 2014

New York Vying With California to Write Bitcoin Rules January 29, 2014 at 07:21AM

"In March, the U.S. Treasury Department’s Financial Crimes Enforcement Network, which polices money laundering, said virtual-currency firms may be regulated as money transmitters."

via Facebook California and New York, home to Silicon Valley and Wall Street, are preparing to write rules of the road for entrepreneurs driving a surge of interest in Bitcoin and other virtual currencies.

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