“New York’s top banking overseer said any regulation of the nascent Bitcoin industry has to include transparency on who does the trading of the virtual currency, and if that hurts a business dominated by anonymous transactions, ‘so be it.’  Benjamin Lawsky, superintendent of New York’s Department of Financial Services, said he doesn’t have an opinion about the viability of Bitcoin as a digital currency. Lawsky said his goal in sending out subpoenas to almost two dozen digital currency companies this summer was not to ‘squelch out’ the fledgling industry; it was to make sure the proper know-your-customer guidelines were in place.”

http://www.bloomberg.com/news/2013-10-01/lawsky-says-so-be-it-if-transparency-dooms-bitcoin.html

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