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Disagreement at all on those points. As it relates to areas i just dont think there is use for the laws at the exchange level. Know your customer, those kinds of provisions. The greatest challenge, the greatest area we have to grapple with is how do we enforce the enforcement techniques. And the fact that this is a global phenomenon. This is something that was just issued in march of this year. The guidance that directors just talk about, the Financial Action task force, their guidance on this issue was just issued this summer, i think in july. My sense is that most of the world is not applying Money Laundering principles. Getting from here to there is really the issue that the four of us would have to grapple with. Thank you. How do you go about reconciling the consensus . Ill take the second part first. I dont know that i heard a lot of disagreement or anything we would ....
Traditional methods where those arent possible. You dont need as much regulation on the consumer side in the long term to the midterm as the system grows up. In the short term, consumers should be aware this is a high risk environment, and its not quite ready for mass adoption today. That time is it coming, but its not here yet. Thank you. Mr. Allen opinion. I dont think i have much to add, other than to say, one of the groups i met with are industry leaders. They view as the other panelists do, Virtual Currency akin to cash. There is no fdsc. There is not that level of protection. So i think it has to be viewed as high risk, and i think the points that the other pannists made about the fact that Consumer Protections are part of a work in progress, but certainly something we need to be aware of. The in anticipation, this hearing is asking our staff tell me a little bi ....
Apple is seeking 2. 2 billion in damages for patent infringement. A win would allow the company to seek a sales ban on earlier models of samsung phones. An update from google on itself driving cars. The company says that cars have lost nearly 700,000 autonomous miles. Google has been testing the cars around the hometown of mountain view, to improve their ability of driving in urban areas, but they say there are more problems to solve before the car starts driving in other cities. Microsoft will begin rolling out its first original xbox tv shows in june am including a reality series called every street united which will cover local soccer teams, as well as coverage of the binary music festival. To our lead story, and after the disclosure of the heartblee glitch, there is another glitch affecting the Internet Explorer browser. This affects about 25 of browsers out there, looking at versions six through 11, although the most recen ....