Bitcoin hearing positive for the digital currency

Favorable attitudes towards Bitcoin result in a boost of value

Bitcoin made another leap toward legitimacy this week as federal regulators held hearings to discuss the promise and the risk of the burgeoning virtual currency.

On Nov 18, regulators held the first ever hearing on bitcoin, with discussion and questions from a committee of senior law enforcement and regulatory officials. The framing of the discussion centered on the anonymity and decentralized nature of the currency, exploring its capacity to facilitate both business growth and illegal activity online.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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