econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result

Bitcoin: US Government Freezes Account of Largest Exchange

admin by admin
5월 17, 2013
in 미분류
0
0
SHARES
0
VIEWS

bitcoinEconintersect:  This week the Department of Homeland Security (DHS) froze funds in the Dwolla account of Mt.Gox’s U.S. unit, alleging that it had broken the law regarding money laundering.  Dwolla is an online payments firm, similar to the more widely known PayPal.  Mt. Gox is a Tokyo-based exchange that handles 80% of the global transactions of Bitcoins.

The specific changes that alleges the company and a subsidiary were conducting transactions “as part of an unlicensed money service business” that should have been registered with the Treasury’s Financial Crimes Enforcement Network (FinCen).

DHS said the transactions at Mt. Gox should have subjected to the same anti-money-laundering rules as banks and other transaction services such as PayPal and Western Union.  For example, all transactions exceeding $10,000 should have been reported to the government.

According to The Wall Street Journal, the CFTC (Commodity Futures Trading Commission) is reviewing possible regulation of virtual currencies like Bitcoin.

There has been no word on how long the Mt. Gox accounts will be out of commission in the U.S.

John Lounsbury

Sources:

  • The coming political battle over Bitcoin (Timothy B. Lee, The Washington Post, 15 May 2013)
  • U.S. Officials Freeze An Account Linked to Bitcoin Exchange (Jeffrey Spashott and Robin Sidel, The Wall Street Journal, 15 May 2013)
  • Articles about Bitcoins (GEI News)
Previous Post

Infographic of the Day: Is There Silicon Beyond the Valley?

Next Post

Investing.com Technical Analysis 16 May 2013

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
Namibia Will Regulate And Not Ban Crypto With New Law
Finance

Namibia Will Regulate And Not Ban Crypto With New Law

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Next Post

Investing.com Technical Analysis 16 May 2013

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect