The decentralized private digital currencyÂ BitcoinÂ has had a busy few months, writes Brian Doherty. It has grown from an obsession of tech-geek libertarians to aÂ staple of financial newsÂ and a subject of great interest toÂ government officials.
Last week, an account associated with the prominent Japan-based Bitcoin exchangeÂ Mt. GoxÂ wasÂ seized by the Department of Homeland Security essentially because the government claims that Mt. Gox wasÂ legally requiredÂ to register as a â€śmoney transmitting business.â€ť Is this the beginning of the end of anonymity for Bitcoin?