nature of the system, bitcoins are inseparable from the blockchain transaction ledger. "Zerocash: Decentralized Anonymous Payments from Bitcoin" (PDF). "hsbc severs links with firm behind Bitcoin fund".
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Archived from the original on Retrieved Lee, Timothy. 216 Use in illegal transactions See also: Bitcoin network Alleged criminal activity The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and the media. Mmodity Futures Trading Commission. 152 Price and volatility The price of bitcoins has gone through cycles of appreciation and depreciation referred to by some as bubbles and busts. Archived from the original on Retrieved Kaushik Basu (July 2014). Archived from the original on Retrieved Clinch, Matt. "Popular Bitcoin Mining Pool Promises To Restrict Its Compute Power To Prevent Feared '51' Fiasco". 161 Legal status, tax and regulation Main article: Legality of bitcoin by country or territory Because of bitcoin's decentralized nature and its trading on online exchanges located in many countries, regulation of bitcoin has been difficult. Dialogue with the Fed. Archived from the original on Retrieved (paywalled) Fung, Brian. As of 2014, BTC is a commonly used code. They can be exchanged for other currencies, 11 products, and services.
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