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Posted: Tue Sep 10, 2013 8:00 am Post subject: How eBay Could Rescue Bitcoin From the Feds |
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Mt. Gox, like other Bitcoin exchanges, is having a hard time with U.S. banks because there are big questions about whether the exchanges meet federal and state money transmission business regulations. But there's another operation that runs both a marketplace where Bitcoins are bought and sold and a fully compliant money-transmitting business. That company is eBay, and the money transmitter is its well-known subsidiary, PayPal. <div class='mf-viral'><table border='0'><tr><td valign='middle'> </td></tr></table></div><br/><br/> <br/> <br/> <br/><br/>
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Source: Wired Top Stories
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