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Title: 2013-04-25 American Banker - Fincen's New Regulations Choking Bitcoin... Post by: kiko on April 25, 2013, 03:36:39 PM http://www.americanbanker.com/bankthink/fincen-regulations-choking-bitcoin-entrepreneurs-1058606-1.html?pg=1 (http://www.americanbanker.com/bankthink/fincen-regulations-choking-bitcoin-entrepreneurs-1058606-1.html?pg=1)
Jon Matonis documents the recent victims of over-regulation and the banking system's cold-shoulder attitude towards exchanges. Quote More than a decade ago, regulators nearly suffocated PayPal. Now it looks like they’re trying to squelch another disruptive, innovative payments system. Title: Re: 2013-04-25 American Banker - Fincen's New Regulations Choking Bitcoin... Post by: xcsler on April 25, 2013, 04:39:29 PM Here's a link to the interview with Bradley Jansen that Matonis references:
http://tinyurl.com/av7pmlr (http://tinyurl.com/av7pmlr) Very interesting discussion. Title: Re: 2013-04-25 American Banker - Fincen's New Regulations Choking Bitcoin... Post by: WilderedB on April 25, 2013, 04:39:54 PM My hope is that BTC thrives internationally, with or without America (or mt.gox for that matter)
If it gains enough traction then the US or any other country will have little choice but to accept it simply as a stateless currency and payment system. |