
“Rich Gatz, a liability claims specialist and bitcoin hobbyist, has formed a company called Windy City Bitcoin. He has ordered a kiosk from Las Vegas-based Robocoin, the only manufacturer of a bitcoin ATM that exchanges cash for bitcoin and vice versa. Sue Hofer, a spokeswoman for the state’s Department of Financial and Professional Regulation, said Gatz is right that state regulation’s haven’t yet caught up with technology. As for bitcoin-related state policy as a whole, Hofer said it is ‘on our radar, but we do not have new regulations about how it could work in Illinois.'”
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