“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.'”
Related posts:
How Putin Uses Money Laundering Charges to Control His Opponents
China Gold Output Seen Rising to Record by Mining Group
Egypt court orders Hosni Mubarak freed
NYC pays $75K settlement to Manhattan couple arrested for dancing in subway
China becomes second-largest movie market
Gold Fix Study Shows Signs of Decade of Bank Manipulation
Bitcoin to Congress: Back Off
Investors Buying Houston Homes for 40 Cents on the Dollar
U.S. government will finally retire most research chimpanzees but retain 50
Republicans Join Democrats in Pushing Trump to Halt Family Separations
Homeland Security wants to monitor journalists. Time to sound the alarm.
New turbine to capture energy from both wind and waves slated for testing
BIS blames European banks for eternal euro crisis
Nasdaq rejects pot startup MassRoots
The ongoing criminalization of poverty