This presentation was prepared for the E-BUSINESS COURSE taught by Prof. Vijay Shrotriya. This presentation covers the regulated aspects of the bitcoin currency. There is a large shady marketplace for bitcoins that is unregulated and exists outside of USA and Australia. Regulating the dark market is difficult due to the decentralized nature of the bitcoin. However, proactive and corrective actions such as those taken in USA and Australia are necessary to check the growth of the dark markets which are unregulated. Turning a blind eye to these dark exchanges is not going to solve the problem of money laundering using the bitcoin which is often time used by drug dealers and terrorist networks.
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