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REPORT: NY Regulator Issued Subpoenas To All Of The Popular Bitcoin Companies

Rob WileAug 12, 2013, 17:43 IST

flickr/Adam CroweThe Wall Street Journal's Robin Sidel says New York Department of Financial Services has subpoenaed about two dozen Bitcoin merchants as part of an inquiry into their compliance with the state's finance statutes.

Sidel says firms run by Marc Andreessen and the Winklevoss Twins received the notices.

Agency chief Benjamin Lawsky says he's considering setting new guidelines for money transmission laws specifically aimed at Bitcoin commerce.

Click here to read the full story on WSJ.com »