Bitcoin Isn’t Going Away – What Congress Needs to Understand About Cryptos

With Libra under intense scrutiny, U.S. lawmakers are having to understand the difference between bitcoin and Facebook’s crypto project. Bitcoin is Already a Regulated Space Speaking to CNBC, Meltem Demirors, Chief Strategy Officer (CSO) at CoinShares, highlighted the already regulated nature of the bitcoin space. Exchanges and wallet providers have to comply with anti-money laundering (AML) provisions in different jurisdictions. This reality contrasts greatly with the usual soundbites espoused by the anti-bitcoin crowd. U.S. TreasuryRead MoreThe post Bitcoin Isn’t Going Away – What Congress Needs to Understand About Cryptos appeared first on Bitcoinist.com.