New Banking Task Force to Study Digital Currencies

New Banking Task Force to Study Digital Currencies

Feb 22, 2014

More Bitcoin intervention hoopla or will there be good that comes out the task force?  Time will tell… The Chairman of the US Senate’s Homeland Security & Governmental Affairs Committee (HSGAC) which investigated digital currencies in November has responded positively to the creation of a new state bankers’ task force to perform its own study into...

New York to regulate Bitcoin: Is the cryptocurrency biz like ‘the Wild West?’

New York to regulate Bitcoin: Is the cryptocurrency biz like ‘the Wild West?’

Jan 31, 2014

The New York State Department of Financial Services concluded a two-day fact-finding hearing on how to regulate Bitcoin and other virtual cryptocurrencies. The purpose of the hearing was to consider whether or not Empire State regulators should have a direct role in overseeing the use of virtual cryptocurrencies, or if existing federal regulations suffice. New...