Laundering money with virtual currency is still a real-world crime, a federal appeals court ruled, as it upheld a five-count conviction against an Arizona man. Read more» 
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Cryptocurrency, or more simply virtual cash, allows users to pay for goods and services without physical currency and because it is decentralized it bypasses bank fees. The use of digital cash in collaboration with blockchain technology provides added security and transparency features that current financial institutions don’t have. Read more»
Arizona is one of a half-dozen states to embrace blockchain legislation, and lawmakers here hope it will bring new business to the state. Read more»
The Federal Election Commission today unanimously ruled that federal political committees may accept a limited amount of Bitcoin to fuel their election efforts, but some questions are still unanswered about how political committees may use digital currency.
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