The spread of Bitcoin is now prompting regulators in Scandinavia to draft new rules in an effort to prevent virtual money from slipping into a legal gray zone, reports Bloomberg.
The most likely outcome would be an “amendment to existing financial legislation so that we have regulation covering it,” Michael Landberg, chief legal adviser at the Financial Supervisory Authority in Denmark, said yesterday in a phone interview. “It is also important to have this included in money laundering acts.”
Note the emphasis on money laundering that suggests to me a prohibition of tumblers that attempt to create anonymous Bitcoin use.
What has gone in China, Norway, and apparently soon in Denmark, will ultimately occur in the US if the USG deems Bitcoin a threat, though it may collapse of its own faulty structure before that occurs.