US Congress is investigating Bitcoin

[Jim Johnson]

It subpoenaed 22 companies with a significant role in the Bitcoin economy.

The new inquiry was announced in a Monday letter to Homeland Security Secretary Janet Napolitano. "Virtual currencies appear to be an important emerging area," the senators wrote, arguing that the subject "demands a holistic and whole-government approach   to understand and provide a sensible regulatory framework." Similar letters were also sent to the Department of Justice, the Federal Reserve, Department of Treasury, the Securities and Exchanges Commission, the Office of Management and Budget, and the Commodities Futures Trading Commission.

http://www.washingtonpost.com/blogs/the-switch/wp/2013/08/13/congress-starts-investigating-bitcoin/

[Tom Sawyer]

What a bunch of dinosaurs.