29 Aug '13, 11pm

Regulators Taking a Hiatus to Learn a Bit More About Bitcoin

Regulators Taking a Hiatus to Learn a Bit More About Bitcoin

On Monday and Tuesday of this week, representatives from the Bitcoin Foundation met successfully met with regulators and Capitol Hill Staff. Without a clear foreshadowing of how successful the series of meetings would be, the outcome was a “smashing success” according to Chair of the Foundation’s Regulator Affairs Committee, Marco Santori who provided a follow-up to the community. Santori explained, “Our message was straightforward: It is critical that the industry and the regulators work together to create a safe and sane regulatory environment for Bitcoin businesses in the United States,” and proceeded to highlight that the Foundation representatives took some tough questions but were pleased that a dialogue was established. Monday’s meeting with regulators was spearheaded by an invitation to a private conference held by FinCEN in Washington, D.C. Regulators included hig...

Full article: http://bitcoinmagazine.com/6655/regulators-taking-a-hiatu...

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