Convertible virtual currency is increasingly equated with the notion of real currency. Indeed, the increased acceptance of virtual currency as a payment method among retailers and consumers, the ...

The founder and operator of a notorious virtual currency system that was reportedly beloved by cybercriminals has pleaded guilty in Manhattan federal court to laundering $250 million in criminal ...

A LAWSUIT FILED Tuesday in federal court in San Francisco against the PlayerAuctions gaming marketplace may provide the answer to an important question for online gamers. Gamers know that the assets ...

Keith then shifts the focus to OFAC’s expectations for screening virtual currency transactions, emphasizing the importance of compliance with sanctions regulations. He explains the need for a ...

"Private currencies have always existed, from notes printed by individual banks to the S & H Green Stamps that consumers once redeemed for household items. Today's economy has seen an explosion of new ...

The Consumer Financial Protection Bureau (CFPB) issued a proposed interpretive rule that, if finalized as written, would bring certain virtual currency products and services, such as stablecoins and ...

Going on a quest to gather orbs sounds like a magical journey. Images of old-school Sierra adventure games come to mind. Well, bad news. In this case, it's a virtual currency earned by being a captive ...

As more people take up residence in the virtual world through "Massively Multiplayer Online Role-playing Games," the potential for monetary abuse and malfeasance increases. There are already ...

AUSTIN The Public Utility Commission of Texas (PUCT) is now accepting virtual currency mining facility registrations through an online portal hosted on the PUCT website. Facilities with a total demand ...