Friday, February 14, 2014

U.S. Senate to Hold Hearing on Bitcoin

U.S. Senate Committee Will Meet on Nov. 18 The soaring value of Bitcoin is not just the focus of crypto currency geeks. With the price of Bitcoin having gone up more than 20-fold since the beginning of the year, it seems that even the U.S. Government is paying attention. Bloomberg News is reporting that the U.S. Senate Committee on Homeland Security and Governmental Affairs will be holding a meeting on Monday, November 18, 2013, to examine the “promises and risks” related to virtual currency, i.e. Bitcoin. From the story: “Bitcoin’s price climbed to a record at $330.01 on the BitStamp …continue reading

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