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

Rob Wile   

REPORT: NY Regulator Issued Subpoenas To All Of The Popular Bitcoin Companies
Stock Market1 min read

The 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 »

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