“Mt. Gox’s closure continues to highlight the need for reasonable and responsible U.S. regulation that will both foster innovation and provide guardrails for consumers.  Currently, the lack of clarity has pushed many Bitcoin companies and VC dollars offshore.  US consumers have been forced to wire their money to Japan, the UK or Bulgaria, where there is little recourse for them if something goes wrong.  Last months hearings in New York convened by NYDFS Superintendent Ben Lawsky were a big step in the right direction.  People from over 117 countries tuned in; the world is watching.  Two days ago, Superintendent Lawsky continued to voice his prior commitment to thoughtful regulation.”

http://www.winklevosscapital.com/posts/78045275170

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