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Posts in "Digital Currency"
August 11, 2014
The Consumer Financial Protection Bureau says consumers should keep in mind the risks of using virtual currencies such as bitcoin, such as exposure to hackers and fewer protections than banks and credit cards provide.
The CFPB released a consumer advisory on Monday that states that virtual currencies “offer the potential for innovation,” but that “a lot of big issues have yet to be resolved – some of which are critical.”
July 28, 2014
Jared Polis and two other House members who have shown a piqued interest in digital currency are hosting an event on the topic Tuesday evening in a House office building.
June 30, 2014
Using bitcoins for transactions was illegal in California until this weekend, until Democratic Gov. Jerry Brown signed a bill that repealed a state law banning the use of “anything but the lawful money of the United States.” For a piece of legislation on such a complex topic, it was surprisingly brief.
June 13, 2014
June 10, 2014
The rise of digital currency (i.e. Bitcoin) points toward a future in which similar uses of “cryptographic proof” could drive huge changes in society and government, writes Matthew Sparkes in a long, detailed argument for the Telegraph. At stake are control and sustainability of the Internet, as well as the viability of laws, banks and other institutions, he says.
May 20, 2014
What does Silicon Valley venture capitalist and Netscape co-founder Marc Andreessen, see as the “international problem for the Internet”?
“As a consequence of the Snowden revelations, which continue,” there’s been a “massive” loss of “faith and confidence in the United States,” he said at an event with Atlantic editor-in-chief James Bennet.
May 9, 2014
Some of the latest tech-oriented pieces from Roll Call’s Guest Observer files:
The Federal Election Commission has voted to allow bitcoin contributions to political action committees, and it wasn’t long before Rep. Jared Polis announced he’d take those contributions for his re-election campaign.