Though we have only hints at what regulation could result from last month’s NYDFS hearing in New York, members of both sides largely agree the dialogue did much to improve relations between New York regulators and the bitcoin community.
Despite the steps forward, however, recent actions taken by the state’s southern neighbor New Jersey suggest that US law enforcement is going the extra mile to try and prevent any potential bitcoin threats, no matter how dubious.
In a controversial move, the New Jersey Division of Consumer Affairs issued a subpoena this December against Jeremy Rubin, a 19-year-old bitcoin developer and MIT student, who, along with three other students, has created an innovative computer code called Tidbit.
February 14, 2014 at 09:35PM
