PayPal Expresses its Thoughts on Bitcoin Regulation
PayPal has some interesting feelings towards bitcoin. Apparently, while the currency itself shouldn't be up for regulation, businesses that deal in it should. The company made a submission to the Australian Senate committee investigating the regulation of digital currencies that calls for the recognition of differences between digital currencies, and the companies that facilitate digital currency transactions. PayPal's submission states: "While the currency itself should not be regulated, and transactions by individual users without the assistance of the intermediaries should not be....
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