[LINK] US Government reins in Bitcoin

[Jim Birch]

"The Department of Homeland Security has frozen an online trade route
between US citizens and MtGox - the world's largest exchange of
crypto-currency Bitcoin.

The move will be interpreted as an opening skirmish in a battle to control
the electronic cash, which has exploded in popularity and so far avoided
regulation by governments."

...
"the US Treasury said any firms dealing in the virtual currency would be
considered "money services businesses" just like any other, which means
they must hand over transaction information to the government and work to
prevent money laundering."

http://www.theregister.co.uk/2013/05/15/mt_gox_us_court/

This isn't an attack on Bitcoin itself, just on its interface to the real
world :)

Jim