Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Bitcoin Needs Regulatory Framework To Change 'risky' Image


Ron Burgundy
 Share

Recommended Posts

Bitcoin themed stickers stand attached to glass doors during the Inside Bitcoins: The Future of Virtual Currency Conference in New YorkBy Clare Hutchison LONDON (Reuters) - Regulators should create a framework of rules to help to make virtual currencies such as bitcoin more attractive to ordinary consumers, a lawyer from the Bitcoin Foundation said on Tuesday. Patrick Murck, general counsel at the Bitcoin Foundation, said cooperation was needed between authorities to create rules that would support those using the digital currency responsibly. The Bitcoin Foundation aims to standardise the currency, protect it from theft or counterfeiting and provide education. Some companies involved in bitcoin, including investment firms and those providing services for the currency's users, have also called for regulation to ensure their customers feel more comfortable about virtual money.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share