While hearing of the US Senate about " the risks , threats and potential " of the ongoing Bitcoin virtual currency , the price of this milestone has jumped 700 USD / Bitcoin .
Yesterday , the Senate had a hearing with the participation of governmental experts , Bitcoin community to discuss the growing influence of this virtual currency .
However , during the hearing taking place , the value of the virtual currency has increased landmark 700 USD / Bitcoin . This was the 2nd consecutive weekly gain of Bitcoin on the market , information on The Verge said .
" The virtual currency which is probably the most popular Bitcoin has attracted the imagination of some people , leaving some scared and confused many of us ," Senator Tom Carper , chairman of the Committee Senate homeland security of America said in a meeting yesterday .
The hearing was the culmination of the investigation during the last 3 months targeting virtual currency Bitcoin virtual currency and other systems , he said .
Bitcoin virtual currency is growing very fast , although only 4 years old , and many fear that , Bitcoin will become a tool of criminals launder money if the US government does not have strict control mechanisms .
However , according to The Verge , the hearing will likely not alter the fate of Bitcoin . Representatives of the US government seems confident that they have the tools to track money laundering offenses even if they use the virtual currency Bitcoin or other like Egold , Liberty Reserve or the Silk Road .
" Cash is still the means seem most appropriate money laundering " , Mythili Raman represented the US Justice Department said.
The hearing was not concluded in the end, however , it shows that the US government began to more attention to the control of Bitcoin .
