If a bank wants to buy/sell/short (or whatever) bitcoins, how is it gonna justify these transactions to the regulators?
Beyond miners, bitcoin doesn't have regulators.What do they need to justify and why?
Cool isn't it?
I mean banks trying to hide 'money laundering' actions from the government and the like (tax offices). I know this is ridiculous to say though (banks being actually the government)!
For the record, your English is flawless. And yeah I was just thinking today about the anti-money laundering regulations that some exchanges have, just like banks. Similarly, I wonder if people making a profit from investing in bitcoin are liable for capital gains tax, and if so, how many people would actually report it.
Kind of off-topic to the issue of banks, but it's another legal concern for the bitcoin economy.