Apologies if this has already been posted or opened up for discussion - but what do you all think of the NY regulators proposal to accept applications for regulated bitcoin exchanges in the US?
http://www.dfs.ny.gov/about/po_vc_03112014.pdf
http://www.dfs.ny.gov/about/po_vc_03112014.pdf
I think NY is desperate to stop the blood flowing from their high-tax, high-regulation culture.