In contrast to real currency, "virtual" currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency. In particular, virtual currency does not have legal tender status in any jurisdiction.
Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies
|09/16/2015||State Regulators Issue Framework for Regulating Virtual Currencies||NewsWatch Today|
|03/27/2015||Industry Letter on Revised Proposal Regarding Regulation of the Conduct of Virtual Currency Businesses||Industry Letter to Regulators|
|02/13/2015||Joint Letter on Virtual Currencies||Industry Letter to Regulators|
|10/20/2014||Joint Letter on the Regulation of the Conduct of Virtual Currency Businesses||Joint Letter to Regulators|
|06/24/2014||Virtual Currency Risks and Regulations||Whitepaper|
|Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies|