Thursday, 15 August 2013

New York watchdog investigating virtual currencies

From Bobsguide

“The New York State Department of Financial Services (DFS) has confirmed it is considering new rules for virtual currencies. It has already sent out subpoenas to 22 bitcoin-related firms and believes new legislation should be brought in at some point.

Included in these companies are BitInstant, Coinsetter, Dwolla, Andreessen Horowitz, Google Ventures and Winklevoss Capital Management and each have been asked questions relating to money laundering and investment strategies.”

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