Virtual Currency

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Virtually Policy #4: Bitcoin

This episode of Virtually Policy is the second half of atwo-part interview with virtual currency expert Jon Matonis. Jon is editor of The Monetary Future, an economics blog.
In this second part of the interview we look at Bitcoin: what it is, how it works, why government don’t like it and how it might revolutionise the online gaming industry, and how it [...]

China: Virtual (only) currency rule

On 29 June 2009 the Ministry of Commerce of The People’s Republic of China released a statement (see full text below) announcing that ‘China has unveiled the first official rule on the use of virtual currency in the trade of real goods and services to limit its possible impact on the real financial system.’
Rather than [...]