Regulation of Virtual Currencies Act: Unified Bitcoin Regulation?

By October 8, 2015Bitcoin Business

Since the realm of virtual currencies is a decentralized industry, there is no single monetary authority or government agency implementing bitcoin regulation these days. In the United States, state governments are in charge of coming up with the necessary legislation to oversee the activity of bitcoin companies and enforcing the rules.

For the Uniform Law Commission (ULC), there is a need for a unified bitcoin regulation law, as this could help strike the balance between […]

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