---
title: "Associated Press: New York Proposes Regulations for Bitcoin"
description: “The currency exchange itBit said it intended to fully comply with regulations and said it applauded New York's ’thoughtful and transparent approach.’” -- Michael Virtanen, Associated Press
image: https://insights.paxos.com/hs-fs/hub/424565/file-2327654038.png
---

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July 17, 2014 [![Associated_Press](https://insights.paxos.com/hs-fs/hub/424565/file-2327654038.png?width=311&name=file-2327654038.png "Associated_Press")](http://bigstory.ap.org/article/new-york-proposes-regulations-virtual-currency) http://bigstory.ap.org/article/new-york-proposes-regulations-virtual-currency

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## Associated Press: New York Proposes Regulations for Bitcoin

### July 17, 2014

“The currency exchange itBit said it intended to fully comply with regulations and said it applauded New York's ’thoughtful and transparent approach.’” -- Michael Virtanen, Associated Press 

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