Bitcoin Regulation Coming
The group of investors, Silicon Valley bigwigs and financial regulators who gathered at last week's hearing in New York City came to the general conclusion that Bitcoin is worth creating policy to govern the digital currency.
Investors in Bitcoin, such as the Winklevoss twins, Cameron and Tyler, are in favor of setting up minimal regulatory actions to set policy for the integration of Bitcoin into the mainstream economy. They filed a proposal with regulators at the U.S. Securities and Exchange Commission last July to operate an exchange trade for the digital currency, initially selling $20 million worth of shares.
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