Bitcoin Forum
May 10, 2024, 07:33:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-05-03 GigaOM - SEC Stays Silent on Bitcoin as Currency Attracts New Controv  (Read 757 times)
kiko (OP)
Sr. Member
****
Offline Offline

Activity: 453
Merit: 250


View Profile
May 05, 2013, 10:14:29 AM
 #1

http://gigaom.com/2013/05/03/sec-stays-silent-on-bitcoin-as-currency-attracts-new-controversies/

Quote
The controversy raises the question of whether America’s leading financial regulator, the Securities and Exchanges Commission, will attempt to control the spread and use of Bitcoin.

“We are declining comment,” said an SEC spokesman by email

Quote
According to Dan Nathan, a securities lawyer at Morrison & Foerster, the agency can oversee trades of financial instruments like stocks and bonds but, for the most part, not currencies.

Nathan said the SEC could exert indirect control through imposing capital requirements on trading houses that hold Bitcoin, but any direct trading regulation would likely be restricted to the Commodity Futures Trading Commission (CFTC)
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!