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Cybersecurity

Bitcoin: Virtual Currency Enters Real World

The U.S. government has officially legitimized Bitcoin and other "virtual currencies" by attempting to regulate them. 

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.