The Daily Caller ::: The Financial Crimes Enforcement Network (FinCEN), which fights money laundering, invited the Bitcoin Foundation to discuss how the digital currency works and how federal regulators can best ensure it is not abused by criminals or narco-terrorists.
Marco Santori, chairman of the Bitcoin Foundation’s Regulatory Affairs Committee, was heartened by the agencies’ response. “We thought it went extremely well,” Santori told The Daily Caller News Foundation. “We were encouraged by the invitation, and there was really just a tremendous turnout.”
On the flipside, Steve Faktor opines on Forbes that "Bitcoin Is The MySpace Of Money"... he offers 10 reasons why and what might save the currency from falling off a digital fiscal cliff.
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