US State Bank Supervisors Issue Model Regulation for Digital Currencies

http://ift.tt/1zn2evx

The Conference of State Bank Supervisors (CSBS) has released a draft proposal for regulating digital currency businesses.

The membership group, which represents bank regulators from US state agencies but does not play a direct role in how states craft new financial rules, outlined a number of areas in which it believes companies that work with digital currencies should be supervised, including approaches to consumer protection, licensing, and security.

Continue reading at CoinDesk

via CoinDesk http://ift.tt/1348ko6