- Forbes, Thursday, February 27, 2014 11:46 AM
West Virginia Senator Joe Manchin is appealing to Treasury Secretary Jack Lew, Fed Chairwoman Janet Yellen to ban Bitcoin. “This virtual currency is currently unregulated and has allowed users
to participate in illicit activity, while also being highly unstable and disruptive to our economy,” Manchin writes in his letter to financial regulators. As Forbes reports, “He went on to
cite Bitcoin’s use by the Silk Road and other black markets for anonymous transactions, as well as its volalitility as a currency.”
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