Decentralized virtual currencies (also called math-based, crypto-, or alt-currencies) harness the Internet’s distributed architecture and vast processing power to provide an entirely new platform for payments innovation. Because disruptive technologies such as Bitcoin do not always fit neatly into existing regulatory boxes, we compiled the PLA Virtual Currency Resources page to help readers track legal developments, to obtain background information on the origins and development of the technology, and to understand the features and benefits of virtual currency platforms.
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