Bitcoin: Virtual Currency Enters Real World
The U.S. government
has officially legitimized Bitcoin and other "virtual
currencies" by attempting to regulate them.Â
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Welcome to the real world, Bitcoin. The U.S. government has officially legitimized the popular crypto-currency and other "virtual currencies" by attempting to regulate them.
The U.S. Treasury's Financial Crimes Enforcement Network published a list of guidelines Monday applying money-laundering and record-keeping rules to companies that issue or exchange these currencies. This won't affect people using Bitcoins to purchase goods or services.