There was this posting on coindesk.com the other day:
Bitcoin exchanges operating in the UK do not have to register with HM Revenue & Customs (HMRC) under money laundering regulations, the government department has revealed. 8th July 2013.
http://www.coindesk.com/hmrc-uk-bitcoin-exchanges-dont-have-to-register-under-money-laundering-regulations/
Then this posting yesterday 11th July announcing the Bitcoin.de exchange being able to work with a German Clearing Bank (Fidor Bank AG), which will then be able to fully comply with any KYC/AML requirements . This looks like it near enough caused Bitcoin to jump 10% overnight.
However it should be bourne in-mind that I believe the most single important investment money or otherwise in the Bitcoin arena is Google’s recent investment in Ripple.com or OpenCoin (the company), this is an allied trading platform with a Bitcoin API – those network if secure enough could be a competitor to all merchant services clearing, like VISA and Mastercard – hence Google’s investment.
Note that Google have invested – small change, but it’s still VERY telling.
Ripple, billed as “the world’s first open payment networkâ€, may lack the rebel allure of Bitcoin itself, but its distributed model could patch one of Bitcoin’s chief weaknesses, namely its reliance on a few sometimes less-than-transparent exchanges. Of course, Ripple will be usable for the exchange of other currencies, too, and it arguably sits alongside other new financial technology startups such as Transferwise.
http://gigaom.com/2013/05/14/google-ventures-invests-in-opencoin-the-firm-behind-bitcoin-exchange-ripple/
RIPPLE now allows you to pay anybody in Bitcoin as of 2nd July 2013 in a way that might promote Bitcoin to be used for FOREX. Note that the first bitcoin exchange – bitstamp.net is a British company, yet unable to find a British bank to sort out payments yet… Although bitstamp.net do require all the KYC documents to open an account with them, so the exchange is already in a prime position to completely challenge mt.gox – Americans, you’ve just got to love’em.
http://www.marketwire.com/press-release/opencoin-extends-ripple-network-to-include-all-bitcoin-merchants-and-users-1807681.htm
Disclosure: The author has accounts with most of the bitcoin exchanges with KYC requirements or otherwise.