New York to Regulate Bitcoin: Is the Cryptocurrency Biz Like "the Wild West?"

Yesterday, 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.

For full text and links, click here:
http://reason.com/reasontv/2014/01/30/new-york-state-to-regulate-bitcoin-is-th