[1] During 2013, the US Treasury Department evoked the first use of the 2001 Patriot Act to
exclude virtual currency provider Liberty Reserve from the US financial system. 2 This article …

Abstract During 2013, the US Treasury Department evoked the first use of the 2001 Patriot
Act to exclude virtual currency provider Liberty Reserve from the US financial system. This …

INTRODUCTION 2013 marked a dramatic turning point for the public saliency of virtual
currencies, with Bitcoin standing at the forefront. Once the purview of cryptographer and …

In the past five years, virtual currencies, or'cryptocurrencies' have evolved tremendously and
are quickly establishing themselves as a payment system. Today, virtual currencies are a …

Virtual currencies are online payment systems that may function as real currencies but are
not issued or backed by central governments. As demonstrated by recent events, virtual …

This Article investigates an increasingly important yet under-developed body of law:
regulation of virtual currency. At its peak in March of 2014, the daily volume of Bitcoin …

In March 2014, the IRS issued a notice detailing the tax treatment the agency would apply to
virtual currencies such as Bitcoin. Although applauded by some as a step towards legal …

If you bought about $14,000 worth of Bitcoins in December 2012, they would have been
worth over $1,000,000 the following year, but less than $500,000 today. Virtual currencies …

At less than a decade old, Bitcoin and other virtual currencies have had a major societal
impact, and proven to be a unique payment systems challenge for law enforcement …

NEW THINGS UNDER THE SUN: HOW THE CFTC IS USING VIRTUAL CURRENCIES TO
EXPAND ITS JURISDICTION Page 1 NEW THINGS UNDER THE SUN: HOW THE CFTC IS …