With Bitcoin’s exchange rate fluctuating between $200 and $1200, the US Congress has taken it upon themselves to evaluate the virtual currency’s legality around the world.
You can buy almost anything with Bitcoin. Diapers, property, drugs and prostitutes – you want it, you got it. But are the world economies ready for this new age of virtual currency? A recent report done by the US Congress investigated the policies of 40 countries with regards to Bitcoin and its use. Here are some of the outtakes:
To read more on different countries’ stance on virtual currencies, click here
Brought to you by Galbraith Rushby
[Source : Forbes]
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