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A Finextra member
A Finextra member 16 August, 2014, 19:31Be the first to give this comment the thumbs up 0 likes

The really smart companies and advocacy groups are talking to the regulators and others.  The real challenge is how much 

1) Regulators misunderstand bitcoin (Look at new york)

2) Paper regulation as we know it isn't directly applicable, bitcoin is different and carries 5 or 6 unique risks.

This can be overcome - but bad regulation is worse than no regulation.  Much worse.