TY  - JOUR
AB  - Purpose– To explain and draw conclusions from six recent bitcoin and virtual currency regulatory and law enforcement developments. Design/methodology/approach– Discusses and draws conclusions from six recent, important developments: two administrative rulings from the Financial Crimes Enforcement Network (FinCEN), recent remarks by New York State Department of Financial Services Superintendent Benjamin Lawsky, remarks by Mark Wetjen of the Commodity Futures Trading Commission (CFTC), a recent Securities and Exchange Commission (SEC) informational sweep of crowdsales of crypto-equity, and the US Department of Justice proceedings against Trendon Shavers. Findings– Rather than trying to stifle or control virtual currencies, US governmental entities recognize the long-term value of virtual currencies and are trying to create a regulatory regime to foster growth and development, and an atmosphere where institutional and retail investors are protected. Originality/value– Provides an overview of the key United States regulatory issues facing companies engaged in Bitcoin-related businesses.
VL  - 16
IS  - 1
SN  - 1528-5812
DO  - 10.1108/JOIC-01-2015-0009
UR  - https://doi.org/10.1108/JOIC-01-2015-0009
AU  - Greebel Evan L.
AU  - Moriarty Kathleen
AU  - Callaway Claudia
AU  - Xethalis Gregory
PY  - 2015
Y1  - 2015/01/01
TI  - Recent key Bitcoin and virtual currency regulatory and law enforcement developments
T2  - Journal of Investment Compliance
PB  - Emerald Group Publishing Limited
SP  - 13
EP  - 18
Y2  - 2024/04/23
ER  -