Bitcoin Clampdown Continues As Federal Judge Says It’s A Currency

Bitcoin Clampdown Continues As Federal Judge Says It’s A CurrencyWikipedia calls Bitcoin a cryptocurrency (a currency that relies on cryptography), but now it’s official. A federal judge in Texas has declared that Bitcoin is a currency and should therefore be regulated just like U.S. dollars or gold. The ruling represents yet another attempt to regulate Bitcoin transactions, threatening the original purpose of the currency.

Embedly Powered