US AG expresses concern about digital currency abuse

[JURIST] US Attorney General Eric Holder [official profile] on Tuesday expressed concern [official statement] before the US House of Representatives Judiciary Committee [official website] with respect to the proliferation of virtual currencies [CNBC backgrounder], which, he asserts, have created new avenues for money laundering, drug trafficking and other illegal activity. Holder noted that the US Department of Justice (DOJ) [official website] is working continually with financial regulators to better understand the methods by which criminals use virtual currency, such as...

Source: http://jurist.org/paperchase/2014/04/us-ag-expresses-concern-about-digital-currency-abuse.php

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