[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] coming up on cspan2, the Homeland Security Committee Examines the use of Virtual Currencies. Then, a look at the process that granting security clearances for federal workers and contractors. And live at noon eastern, a Heritage Foundation panel on the deal struck in geneva, switzerland, on Irans Nuclear program. Today the Heritage Foundation examines the deal reached this its weekend in geneva, switzerland, on Irans Nuclear weapons program. Watch the event live starting at noon eastern here on cspan2. Also here on cspan2, a look at u. S. Canada Military relations. Well be live at 1 30u p. M. Eastern. The senate Homeland Security Committee Last week examined the governments ability to regulate Digital Currencies like bitcoin. This hearing is two and a half hours. [inaudible conversations] well, good afternoon, everyone. Thank you for joining us. We especially want to thank our witnes
Anonymity and privacy, and bath there are new laws that are required to end the possibility of anonymity or to address that in some way. I think, you know, as i stated in my comments, we are very focused within our business on having very deep levels of identity verification, we view that as critical. Others within the Digital Currency world, particularly within geographies that dont have the same type of regulatory regimes do not. There are other things we need to be thinking about that could address those issues. I think that arena needs additional and careful consideration. Thank you. I think there is broad consensus among the panel here, i was very heartened to hear the first panels message, and i think we have a lot of consensus, ill pick two issues to give you an answer. First, i was interested in listening to the gentleman from the secret service that said that centralized currencies pose the greatest risk as far as Money Laundering. And bit coin, because of their nature, they w
Priority, and were encouraged by the progress we have made thus far. Thank you for inviting me to testify before you today. Thank you so much for being here. For the meeting you had with our staff and me last week, and for your testimony. Thank you. Ms. Raman, pleasero proceed. Thank you for the opportunity to come before the committee to discuss the departments work. At the Justice Department, we look at virtual kerracies through the lenls of criminal Law Enforcement. We recognize that the currency could be an illegal means of exchange, and we also recognize that criminals will always seek to take advantage of new technologies to commit further or hide their crimes. Our responsibility as prosecutors is to insure that we continue to enforce the law even in new technological settings and to prevent criminals from using those technologies to create zones of impunity. As i will describe in mire testimony today, the department of justice has been aware of the threat posed by Virtual Curren
Security Committee Examining the policing of Virtual Currencies. Then a House Homeland Security Committee Examining the management at the department of Homeland Security. On monday, the senate Homeland Security committee examined the governments ability to police the use of Digital Currency with the laws currently on the books. Online decentralized systems allow people to Exchange Goods and Services Without using real money, including bit coins. This hearing is two and a half hours. Good afternoon, everyone. Thank you for joining us, we especially want to thank our witnesses, panel number one, and somewhere in the audience, panel number two. The i. D. Card is there, so pick it up please and put it where it belongs. That way well know who you are and you will, too. My succeeder in the senate used to say many years ago, he would say, his advice was wear a big button. Wear a big button when youre campaigning so youll remember your name and so will other people, too. We want to make sure p