(CNN/Money) New York state's top financial regulator has detailed his plans to regulate bitcoins sometime this year.
Benjamin Lawsky, New York's financial services superintendent, said he will issue "BitLicenses" to companies dealing with bitcoins. That would mark the most significant step thus far in the United States to regulate the digital currency.
"Our objective is to provide appropriate guardrails to protect consumers and root out money laundering -- without stifling beneficial innovation," Lawsky said at a currency conference in Washington., D.C., on Tuesday.
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