State regulators form Emerging Payments task force to study Bitcoin, virtual currencies
A group of nine state regulators have reportedly formed the Emerging Payments task force to study virtual currencies such as Bitcoin.
The task force has been assigned with the responsibility of learning how new entrants and technologies affect the stability of payment systems and the broader financial marketplace.
According to the Verge, the move has been met with support with Senator Tom Carper (D-DE) calling the task force an "important step" toward protecting existing financial institutions from unregulated currencies.
Carper said that as virtual currencies like Bitcoin and similar technologies continue to be increasingly utilized, it had to be ensured that governments were adequately protecting consumers and addressing lawbreakers without hindering innovation.
(Posted on 24-02-2014)
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
MORE MAPS OF INDIA:
INDIA CITY MAPS:
KERALA TRAVEL MAPS: