Marc Hochstein of American Banker @ Inside Bitcoins NY

Executive Editor of daily banking industry newspaper American Banker Marc Hochstein spoke with Money & Tech's Perianne Boring at Inside Bitcoins NY about the reluctance from the commercial banking industry to work with bitcoin and accept bitcoin startups as clients, given the current compliance and regulatory concerns, and the risk of money laundering. Despite these hesitations, Marc thinks bitcoin holds a lot of potential, as more clarity emerges from the regulators.

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From: Money & Tech

Related topics : bitcoin american banker / bitcoin money laundering