Re: US Agencies to Say that Bitcoin Offer Legitimate Benefits

The first panel also had Edward W. Lowery III
Special Agent in Charge, Criminal Investigative Division
U.S. Secret Service, U.S. Department of Homeland Security

As someone in the Bitcoin space, I didn't find it surprising. It reinforced
that the government is aware of Bitcoin, they want to foster innovation but
also come up with ways to prevent illegal activities because of the new
technology. They said Bitcoin itself isn't illegal.

This article has caused quite the stir in the Bitcoin community though
http://www.forbes.com/sites/kashmirhill/2013/11/13/sanitizing-bitcoin-coin-validation/






On Tue, Nov 19, 2013 at 10:10 AM, Melvin Carvalho
<melvincarvalho@gmail.com>wrote:

>
>
>
> On 18 November 2013 14:21, pindar wong <pindar.wong@gmail.com> wrote:
>
>>
>> http://www.bloomberg.com/news/2013-11-18/u-s-agencies-to-say-bitcoins-offer-legitimate-benefits.html
>>
>
> The analysis I heard from the first meeting was that it was quite
> productive.  Note the second meeting includes the banking committee:
>
> Starts at 3:30 EST and there's a live webcast available.
>
>
> http://www.banking.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=955322cc-d648-4a00-a41f-c23be8ff4cad
>
> Panel 1
>
> Ms. Jennifer Shasky Calvery Director, Financial Crimes Enforcement Network
> Mr. David Cotney Commissioner of Banks, Massachusetts Division of Banks
>
> Panel 2
>
> Mr. Anthony Gallippi Co-founder and CEO, BitPay, Incorporated
> Ms. Mercedes Kelley Tunstall Partner and Practice Leader, Privacy and Data
> Security Group, Ballard Spahr LLP
> Ms. Sarah Jane Hughes University Scholar and Fellow in Commercial Law,
> Maurer School of Law, University of Indiana
> Mr. Paul Smocer BITS President, Financial Services Roundtable
>