Federal Reserve: While bitcoins hold “promise,” we have no regulatory authority
19 11 2013In their written testimonies released prior to the hearing, various government officials detailed their attitude and policies toward Bitcoin in particular. They noted that while such virtual currencies may be “legitimate,” they pose potential issues for law enforcement. Peter Kadzik, the Principal Deputy Assistant Attorney General, wrote in his letter to the committee that the FBI has “founded and chairs the Virtual Currency Emerging Threats Working Group.”
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