[lijason]

Yeah, I don't really understand the anger about this. Financial institutions already have significant regulations. It's not clear to me why the digital currency equivalent institutions shouldn't be treated similarly. If the only argument for digital currency is lack of regulation, it seems that people should be pushing for decreased regulation on financial institutions instead. An end-around regulation just because we're using digital currency as the go-between doesn't seem to make a lot of sense.

Big caveat, I haven't read this bill or about this bill enough to know if it goes significantly beyond the regulations for financial institutions. If so, clearly, that's different.