The EFF just announced that it will accept bitcoin as a donation option. This decision shows just how how significant the latest FinCEN guidance was. It provided sufficient clarity that anyone accepting the virtual currency will not be subject to regulations unless they are acting as a currency exchanger. The EFF is a donor-funded organization that describes itself as: When our freedoms in the networked world come under attack, the Electronic Frontier Foundation (EFF) is the first line of defense. EFF broke new ground when it was founded in 1990—well before the Internet was on most people’s radar—and continues to confront …

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