Silk Road forums
Discussion => Security => Topic started by: davidthegnome on March 22, 2013, 02:00 am
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I posted this on the main discussion board as well. But since it applies to Bitcoins and the security of vendors moving large amounts of BTC I decided to post it here as well.
CLEARNET Links! Please be advised.
Wall Street Journal Article
Web Money Gets Laundering Rule
http://online.wsj.com/article/SB10001424127887324373204578374611351125202.html
Zerohedge Article
US Begins Regulating BitCoin, Will Apply "Money Laundering" Rules To Virtual Transactions
http://www.zerohedge.com/news/2013-03-21/us-begins-regulating-bitcoin-will-consider-virtual-transactions-money-laundering
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This action against bitcoins is important on several levels.
First it shows that the eye of the US Monetary System is on BTC as well as this is probably a first step with many to follow.
For now this only effects the States I believe.
We shall see how this all plays out...
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Motherfuckers.
Subscribed, thanks for sharing!
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I have it on good authority 8) that ASIC (Australia) is trying to rush through a change in regulation to include all digital currencies to fall under AML/CTF reporting regulations.
They are aiming to have the amendment approved by 1st July 2013.
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coordinated push? No such thing as a coincidence imo.
I have it on good authority 8) that ASIC (Australia) is trying to rush through a change in regulation to include all digital currencies to fall under AML/CTF reporting regulations.
They are aiming to have the amendment approved by 1st July 2013.