Can you explain how can bitcoin be regulated? Regulation defined as the ability to control transactions.
In this respect, this is no different than most things government regulates, including money-in-the-form-of-coins-and-scraps-of-paper.
I'm not sure where would you get this definition. https://en.wikipedia.org/wiki/Regulation
> Regulation may refer to the following:
> A process of the promulgation, monitoring, and enforcement of rules, established by primary and/or delegated legislation.
> A written instrument containing rules having the force of law.
In this context they talk about monitoring and enforcing companies' use of bitcoins within legal system.
As `mrb said here, it is not very clear since it explicitly is dealing with bitcoin exchanges: https://news.ycombinator.com/item?id=6238754