Bitcoin Drawing a lot of Interest From Traders, TD Ameritrade business executive Says

Congress hates it. Regulators don't know what to do with it. But cryptocurrencies like bitcoin area unit drawing increasing interest from investors, and that they wish to trade it, aforementioned Tim Hockey, the outgoing business executive of the net nondepository financial institution TD Ameritrade (AMTD - Get Report) . "Clients area unit requesting it," Hockey, 56, aforementioned in associate degree interview. Bitcoin and different cryptocurrencies area unit created by laptop programmers rather than central banks just like the FRS, and also the digital tokens in theory is used as a kind of on-line payment or a store of value. But they've drawn increasing scrutiny from U.S. lawmakers in Washington since Facebook (FB - Get Report) last month unveiled plans to start its own digital currency, Libra, as soon as next year. During 2 days of hearings in Washington last week, prime lawmakers overseeing the money trade grilled a king over the social-network company's ...