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Congressional Leaders, Foundation Praise FinCEN Guidance [Bitcoin]
Coin Desk ^ | 31 January 2014 | Danny Bradbury

Posted on 02/01/2014 9:38:53 AM PST by Errant

FinCEN’s rulings on cryptocurrency compliance yesterday have drawn praise from a congressional leader. He nevertheless cautioned government agencies to continue working together on a cohesive strategy to deal with virtual currency.

Senator Tom Carper (D-Del) praised the Treasury-based agency for releasing the two rules, which exempted miners from MSB licensing, and also clarified rules for businesses that wanted to buy and sell bitcoins for their own purposes.

(Excerpt) Read more at ...

KEYWORDS: bitcoin; carper; cryptocurrency; fincen; senate
Maybe some Dimwits aren't as dim as we thought?

Other News:

Bitcoin's Legality Around The World [Forbes]

Hedge fund boss: Bitcoin over gold? Are you kidding? [USA Today]

Bitcoin back: Major exchange resumes yuan trading [CNBC]

Read All About It: Sun-Times Experiments With Bitcoin Paywall on Saturday [WSJ]

Bitcoin’s Fate Is in the Hands of Clueless Regulators [I don't think so, Jack]

Overstock CEO Reveals He Now Holds Millions in Bitcoin

1 posted on 02/01/2014 9:38:53 AM PST by Errant
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To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...

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2 posted on 02/01/2014 9:39:33 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant

If I had to guess, I would guess this congressman is invested in bitcoin.

I like his “wait and see” attitude.

3 posted on 02/01/2014 6:31:11 PM PST by PoloSec ( Believe the Gospel: how that Christ died for our sins, was buried and rose again)
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