Regulation

Bitcoin Closer to Attaining Lawful Money Status in California
AB-129, the bill that would recognize digital currencies as lawful money, has moved to the Senate floor for consideration.

IRS: No Bitcoin Reporting Required for FinCEN Foreign Banking Tax Form
The government agency added that this policy could be changed for future tax years.

Fidor Exec: Banks Can't Avoid Competition from Cryptocurrencies
Fidor COO Michael Maier tells CoinDesk about the bank's growing role in serving and expanding the digital currency ecosystem.

Swiss Regulators Block Zurich Bitcoin ATM Launch
Bitcoin Suisse AG has abruptly cancelled a scheduled ATM launch in Zurich at the request of Swiss regulators.

Erik Voorhees Faces $50k Fine Over Unauthorized Securities Sale
The serial entrepreneur is banned from engaging in securities offerings for five years, and must pay over $50,000.

Missouri Secretary of State Halts Mining Business Over 'Deceptive Tactics'
Secretary Jason Kander has shut down a local bitcoin mining hardware company, citing a number of concerns.

Netherlands Issues Bitcoin Warning to Financial Institutions
The Dutch Central Bank (DNB) has issued a bitcoin warning aimed at banks and other financial institutions.

UK Financial Regulator's New Initiative Encourages Bitcoin Innovation
The authority announced a new initiative which could boost the UK's bitcoin businesses and mark a major policy shift.

Apple’s Virtual Currency Policy Update: Good or Bad for Bitcoin?
While the company's update regarding the use of virtual currencies is intriguing, it doesn't necessarily mean acceptance.

$5 Billion Insurance Company Offers Bitcoin Coverage to Businesses
Great American Insurance policyholders can now add BTC coverage against crime in most US states.
