It's great news from Director of the Financial Crimes Enforcement Network (FinCEN), Jennifer Shasky Calvery. You can read her whole speech here.
Overall it seems like they are well aware of Bitcoin's properties and that it is not worse than other payment methods for transferring money for terrorism financing.
This is good news for bitcoin. There's a lot of Wall Street and elite interest lately, which will work well to provide regulatory protection for everyone. The less obscure we seem and the more we communicate who we are and what we are about, the better.
Overall it seems like they are well aware of Bitcoin's properties and that it is not worse than other payment methods for transferring money for terrorism financing.
This is good news for bitcoin. There's a lot of Wall Street and elite interest lately, which will work well to provide regulatory protection for everyone. The less obscure we seem and the more we communicate who we are and what we are about, the better.
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