“Report: CFTC Exploring Bitcoin Regulation”

by Walter Olson on May 7, 2013

Too popular to last dept.: “The Commodities Futures Trading Commission is reportedly ‘seriously’ exploring whether volatile cyber currency Bitcoin may fall under the U.S. regulator’s purview.” [Matt Egan, Fox Business]

{ 6 comments }

1 mojo 05.07.13 at 1:11 pm

UNEXPECTEDLY!

2 David Eggers 05.07.13 at 3:33 pm

Whether or not Bitcoins end up becoming the world’s reserve underground currency or falling completely apart, its a neat little experiment they have going on. Even if they’re volatile, someone can buy $50,000 worth of Bitcoin, send them halfway across the globe without being traced, and that person can sell them back for cash without anyone having to actually own Bitcoins for more than 30 minutes.

3 Bob Lipton 05.07.13 at 6:32 pm

I’ve got a ’51 Mickey Mantle card. Is that also under CFTC supervision?

Bob

4 C Hill 05.07.13 at 8:01 pm

At this point, it would probably be simpler if the federal government just gave us a list of what doesn’t fall under their purview.

5 Jim Collins 05.08.13 at 9:46 am

That list would probably be a blank sheet of paper C Hill.

6 MattS 05.08.13 at 9:52 am

C Hill,

Here is your requested list {}.

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