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?
> So largely the US is out since the Fed said Bitcoin is not a currency, right?
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.
... which begs the question: Are there approved virtual currencies? I'd also be curious whether litecoin is on that list as well.