U.S. Senate Hearing — 'Legitimate Financial Services'

First major U.S. government hearing calls Bitcoin 'legitimate.'

BTC Price

$450

Location

Washington, DC

Importance

85/100

The Senate Homeland Security Committee held the first major U.S. hearing on Bitcoin. Officials called it a 'legitimate financial service' — a watershed regulatory moment.

What else happened around this time?

October 2, 2013GovernmentLegendary

Silk Road Seized

FBI shuts down Silk Road and arrests Ross Ulbricht.

BTC $125#fbi#silk-road

October 25, 2013GovernmentLegendary

FBI Moves 144,336 Seized BTC On-Chain

446 transactions of exactly 324 BTC each — spelling FBI on a phone keypad.

#fbi#silk-road

November 27, 2013GovernmentMajor

Casascius Coins Shut Down by FinCEN

Mike Caldwell ceases sales after regulators classify loaded physical coins as money transmission.

BTC $950#casascius#fincen

November 29, 2013PriceLegendary

Bitcoin Hits $1,000

Chinese demand drives Bitcoin past $1,000 for the first time.

BTC $1,000#1000-dollars#bull-run