Massachusetts Regulator on Bitcoin:

Massachusetts Regulator on Bitcoin: "We Want to Make Sure When We Act, We Get it Right"

State regulators see the challenge of regulating bitcoin and digital currency as no easy task. Case in point: State regulators right here in Massachusetts are mulling bitcoin regulation in effort to make it clear just the play rules are when it comes to the use of these new, emerging currencies. "We will be trying to come up with a model law or regulations states can use," said David Cotney, commissioner at the Massachusetts Division of Banks to the Boston Herald. "This has gotten a lot of attention, and we want to make sure when we act, we get it right." Cotney is also the chairman of the....


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