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Bitcoin mining pools BTCChina, BitFury, KnCMiner and 21 Inc. are now publicly backing Core developer Jeff Garzik's BIP100 block size limit proposal, and more top stories for August 28.
An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks
US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officially launched multiple investigations into Cryptsy
Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network (FinCEN).
Cryptor Trust launches a blockchain investment company, FinCEN says it is to perform an examination of digital currency-related enterprises and more news.
The question of how Bitcoin and cryptocurrencies in general fit into the American legal system at the federal and state levels is a great one.
Daniel Cawrey at CoinDesk broke down a few arguments for why government regulation on some level would be a benefit to Bitcoin.
Marco Santori of the Bitcoin Foundation has a piece up on CoinDesk in which he explores money transmission licenses at the state level in the US.
In the last 24 hours, a couple of developments coming out of the US have shaken up American cryptocurrency communities.
Bitcoin and other digital currencies will get to make their voices heard before a Senate committee hearing November 18 in Washington.
The United States' Financial Crimes Enforcement Network (FinCEN) has announced it is working to investigate a string of digital currency businesses, assessing whether they meet financial regulations for the sector.
The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them as well. But anyone who knows how bureaucracies operate knows that laws such as this often result in a slippery slope, sweeping up the innocent along with the guilty more often than not. Th...
Some respite from the IRS following its controversial guidance on digital currencies: for this tax season, at least, holdings need not be declared on US FBAR forms.
Danny Bradbury at CoinDesk reports an ominous tone from Washington.
Some good news came out of the US Treasury Department for American Bitcoin miners.
The US Senate Committee on Banking, Housing and Urban Affairs previously announced that it would be holding a hearing, and that date is now set for November 19, 2013.
The FinCEN warned companies working with bitcoin or providing crypto currency services of the necessity to correspond to the federal money transmission laws.
FinCEN has called a meeting with a few federal agents to discuss Bitcoin and consider ways to regulate it.
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