The Florida Office of Financial Regulation (“OFR”) has issued a warning regarding virtual currencies.  While the OFR has not banned their use, it has warned of their dangers.  In so doing, the OFR cited to virtual currencies’ lack of regulation, lack of insurance, lack of security, tax implications and links to criminal activity.  The full release is here:  http://www.flofr.com/PressReleaseDetail.aspx?id=4251

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