World Bank forum weighs pros, cons of virtual currencies

World Bank forum weighs pros, cons of virtual currencies

A roundtable discussion at the World Bank on Friday brought together a small group of officials for a closed-to-the-public,"frank discussion" about virtual currencies. "Virtual Currencies: The Legal and Regulatory Challenges," was organized by the Global Forum on Law, Justice and Development and was held at the World Bank's headquarters in Washington, DC. "A stocktaking roundtable will discuss legal and regulatory challenges associated to this new phenomenon. Virtual currencies are among the myriads of options for receiving payments and paying online. For example, Bit-Coin (sic) - one of....

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