So largely the US is out since the Fed said Bitcoin is not a currency, right? Or the term "virtual" makes it not required to be approved by the Fed? Who is the approver then?
I guess I missed that. I remember the IRS said bitcoin would be taxed using non-currency rules, but the specifics of how something is taxed doesn't necessarily impact whether Apple "approves" it as a virtual currency.
I was talking about this, which amounts to almost the same thing:
http://blogs.wsj.com/moneybeat/2014/02/27/yellen-on-bitcoin-...
http://online.wsj.com/articles/lawrence-parks-bitcoins-futil...