Today, representatives from the Bitcoin Foundation are scheduled to meet with members of at least seven executive agencies in Washington. Regulators are attempting to understand where to begin with a digital currency that is not backed by a central government like traditional fiat currencies. The main concerns of regulators are to ensure that Bitcoin and other digital, decentralized currencies are not used for illegal activities such as drug purchases or money laundering. Patrick Murck along with additional representatives from the Bitcoin Foundation hope to alleviate concerns of regulators and answer any questions to be able to move forward in a safe regulatory environment. The Wall Street Journal highlighted the desire for the Bitcoin Foundation and some Bitcoin companies to […]
The post Bitcoin Foundation Leadership to Meet with Regulators in Washington appeared first on Bitcoin Magazine.
Today, representatives from the Bitcoin Foundation are scheduled to meet with members of at least seven executive agencies in Washington. Regulators are attempting to understand where to begin with a digital currency that is not backed by a central government like traditional fiat currencies. The main concerns of regulators are to ensure that Bitcoin and other digital, decentralized currencies are not used for illegal activities such as drug purchases or money laundering. Patrick Murck along with additional representatives from the Bitcoin Foundation hope to alleviate concerns of regulators and answer any questions to be able to move forward in a safe regulatory environment. The Wall Street Journal highlighted the desire for the Bitcoin Foundation and some Bitcoin companies to […]
The post Bitcoin Foundation Leadership to Meet with Regulators in Washington appeared first on Bitcoin Magazine.
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