Bitcoin, Banks & Billions: Regulatory and Compliance Implications of Bitcoin-Based Consumer Banking
Bloomberg BNAElizabeth E. McGinn, Sasha Leonhardt, Sara Ruvic
With virtual currencies becoming a fixture of the global economy, it is critical that financial institutions understand these 21st century monetary tools. And, of all the virtual currencies emerging in the dynamic area of e-commerce, none more perfectly demonstrates the technical, regulatory and legal challenges facing financial institutions than Bitcoin.
Originally published in BNA's Banking Report, reprinted with permission.