Joe Manchin wants to ban Bitcoin

Published February 26, 2014 5:00am ET



Sen. Joe Manchin, D-W.Va., doesn’t understand Bitcoin, and because of that, he wants to ban it, calling the popular cryptocurrency “highly unstable and disruptive to our economy.”

Manchin sent a letter to the Treasury Department, Federal Reserve and several other regulators, requesting that they “limit the abilities of this highly unstable currency.”

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