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Account holders at MtGox, the massive Bitcoin exchange that abruptly shut down this may not be left completely empty-handed. If the Tokyo company files for bankruptcy, its customers could retrieve some of the funds it is holding hostage.
February 25 -
Don't think of it just as currency or a new set of payment rails. To get a full sense of Bitcoin and its implications for banking, you have to think bigger than that.
February 25 -
Bitcoin's earliest adopters used to launch scathing criticism at the U.S. for being the first to regulate digital currency in 2012, but their ire seems to have cooled off.
February 7
Sen. Joe Manchin, D-W.Va., wants federal regulators to ban Bitcoin.
The virtual currency and payment system "has allowed users to participate in illicit activity, while also being highly unstable and disruptive to our economy," Manchin
Citing Bitcoin's appeal as a tool for black-market purchases and fraudulent transactions, Manchin urged regulators to join Thailand and
"Our foreign counterparts have already understood the wide range of problems even with Bitcoin's legitimate uses from its significant price fluctuations to its deflationary nature," Manchin said in the letter.
Manchin's proposal arrives in the midst of a rough week for Bitcoin. A major exchange for trading the currency, MtGox,
