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Midweek Roundup: U.K. Lawmakers Call for New Enforcement Agency, Judge Says Bitcoin Not Money, and More
printBritish parliamentarians issued a report calling for the Financial Conduct Authority to be stripped of its authority to punish banks and bankers for malfeasance, and recommending the establishment of a new agency to enforce financial regulations, the Guardian reported. More A Florida judge dismissed money laundering charges against Miami-Dade County resident Michell Espinoza after ruling that bitcoins do not constitute currency or fall under laws barring the concealment of illicit proceeds, the Miami Herald reported. Espinoza had been accused of attempting to sell bitcoins to undercover agents who said they intended to use them to buy stolen credit card data....
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