[2015-09-02] BitPay Facing Subpoenas On Regular Basis

[jdebunt]

http://digitalmoneytimes.com/crypto-news/bitpay-facing-subpoenas-regular-basis/

While various governments around the world are looking at ways to regulate Bitcoin, companies dealing in virtual currencies are subject to subpoenas.  This should come as no surprise, as any company in the world needs to adhere to specific laws of the country they operate in.  That being said, subpoenas for a Bitcoin payment processor are a clear sign of why centralized services are not the answer.