Very Real Regulations Issued on Virtual Currencies.

The article discusses the regulations for the virtual currencies. It mentions the prepaid access guidance launched by the U.S. Financial Crimes Enforcement Network (FinCEN) in 2011, in which it recommended that airline, retailer rewards, and credit card programs can also fall under virtual currency's umbrella. It adds that greater scrutiny can also be faced by other alternative currencies like those used in credits and for in-application purchases.