This is the Forward’s coverage of cryptocurrency, including Bitcoin and other digital currencies.
Cryptocurrency
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Fast Forward Israel May Regulate Bitcoin
Israel said on Wednesday it was considering regulation of bitcoin and warned citizens that using such decentralised virtual currencies was risky. As a crypto-currency, bitcoin is passed between two parties digitally and can be traded on exchanges for real-world currencies. Its value fluctuates according to user demand but it is not backed by any government…
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Fast Forward Bitcoin Dealers Charged in $1M Cash Launder Scheme
Two men who operate bitcoin exchange businesses have been charged with money laundering for helping drug merchants exchange $1 million in cash for bitcoins, the digital currency, U.S. prosecutors said on Monday. Federal prosecutors in New York announced charges against Charlie Shrem and Robert Faiella, both operators of bitcoin exchange businesses, for attempting to sell…
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