Home
/
RELIGION & LIBERTY ONLINE
/
The Regulators Are Coming for Bitcoin
The Regulators Are Coming for Bitcoin
Jul 31, 2026 11:39 AM

Last month, in my series on Bitcoin, I wrote that for the crypto-currency to succeed it will one day have to e trusted by more mainstream consumers, which requires adding such features as regulatory oversight and a centralized monetary authority—the very features of other currencies that Bitcoin was created to avoid.

That day may ing sooner than later:

Senior officials at a top US financial regulator are discussing whether Bitcoin, the controversial cyber-currency, might fall under their regulatory remit.

Bitcoin “is for sure something we need to explore”, Bart Chilton, one of the missioners at the Commodity Futures Trading Commission (CFTC) told the Financial Times. A person familiar with the CFTC’s thinking said that the regulator is “seriously” examining the issue.

Said Mr Chilton: “It’s not monopoly money we’re talking about here – real people can have real risk in these instruments, and we need to ensure that we protect markets and consumers, even in what at first blush appear to be ‘out there’ transactions.”

As the old saying goes, all good things e to an end—or else be regulated by the government.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Evangelical silence and Zimbabwe
Every single day courageous and faithful Christians in Zimbabwe are suffering and dying through their resistance of the brutal reign of president Robert Mugabe. You would never know this is true from the lack of interest or response of conservative Christians in America. Of all the causes that are taken up by the Christian Right I have not heard a single voice lifted on behalf of the church in Zimbabwe and their struggle to resist the reign of terror led...
BREAKING NEWS: Crow’s toilet paper proposal flushed
An entire nation breathes a sigh of relief today, as Sheryl Crow has claimed that her proposal to restrict toilet paper usage to one square per restroom visit was a joke, as this blogger suspected. Unfortunately, Crow had no ment on the status of her “dining sleeve” device. You can count on the PowerBlog to bring you the latest news and updates on this important story as they occur. More: Iain Murray at Planet Gore notes that all things considered,...
Voting for ‘Noah Ward’
“None of the above,” or NOTA, is a voting concept that would allow ballot-casters to express their frustration with the available candidates. It’s been a staple of voting procedure at the United States Libertarian Party for years. The Florida legislature is now considering an “I Choose Not To Vote” option. This choice is not the same as NOTA, since if it “won” a majority of votes it would not result in any necessary action. The candidate who gets the highest...
Malaria awareness day
Today is Malaria Awareness Day. Today’s edition of Zondervan>To the Point has a plethora of related links (look under “Extra Points”). Be sure to also check out Acton’s award-winning ad campaign, which focuses in part on impacting malaria. ...
Economy and energy consumption
John Stossel must have been on vacation last week. I caught part of the 20/20 special offering for Earth Day on Friday night. Among the reports was one by Jay Schadler focusing on solar power as an alternative source of energy. Schadler pointed out that even though the United States has only 5% of the world’s population, we consume 25% of the world’s energy. It’s a typical canard trotted out by those who want to depict us ugly Americans as...
The Greatest Mercy
Words of prudential wisdom from Richard Baxter: ‘In doing good prefer the souls of men before the body, ‘cæteris paribus.’ To convert a sinner from the error of his way is to save a soul from death, and to cover a multitude of sins [James v. 20],’ —And this is greater than to give a man an alms. As cruelty to souls is the most heinous cruelty, (as persecutors and soul-betraying pastors will one day know to their remediless woe,)...
Stepping up
Grand Rapids seems to be establishing a precedent for private corporations and individuals stepping up to the plate in the face of budget cuts and financial difficulty. The most recent example is the announcement that all six city pools will be open this summer, rather than just three. That means that the Director of Parks and Recreation is now looking to fill 160 new jobs (including lifeguards and water safety instructors) to man the parks. Why, when Michigan is facing...
Global Warming Consensus Watch, Volume I
e to the first edition of the PowerBlog’s new GLOBAL WARMING CONSENSUS WATCH, where we keep you up-to-date on the latest news about the ever-strengthening, nearly invincible consensus that climate change is 1) unnatural and 2) a massive catastrophe waiting to happen. Another scientist off the reservation: Somebody has to start doing something about all these “scientists” who openly question the unshakable, indisputable consensus on global warming. Like this guy, for instance. What in the world could he be talking...
Beyond bumper sticker environmentalism
In an Earth Day column last week that was skeptical about the gospel of global warming consensus, Glenn Shaw, a professor of physics at the Geophysical Institute, University of Alaska Fairbanks, expressed hoped that the climate change debate might spark a prehensive conversation about plex environmental responsibilities. In fact the opposite seems to be happening: the activist buzz over global warming is reducing the broader concept of environmental stewardship to a litmus-test on climate change. That’s why I wrote a...
Is your school on the list? Nominate it for 2007 Catholic High School Honor Roll
Applications and nominations are now being accepted for the 2007 Catholic High School Honor Roll, a program of the Acton Institute. The extended application deadline is May 31, and it is free for schools to participate. The purpose of the Honor Roll is to recognize and encourage excellence in Catholic education. The Honor Roll is an annual list of the top 50 Catholic high schools in the United States, where schools are examined on the criteria of academic excellence, Catholic...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved