Wednesday, August 14, 2013

New York Subpoenas BITCOIN operators After Judge declares Digital Currency real money

On Aug. 13, the state of New York’s Regulatory office issued subpoenas to every major Bitcoin operator just days after a Federal judge declared that the digital currency was in fact, real money.  In a statement today from NYSDFS’s superintendent Benjamin Lawsky, the regulator confirmed that the government no longer recognizes Bitcoin as a parallel to a barter currency, and that it must now follow national and international regulatory laws as any other globally recognized currency does.



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