As hard as the State of New York seems to be working to separate itself from Bitcoin in the manner the United Kingdom has, a number of relics from the fiat world are trying to latch on to a simulacrum of Bitcoin shaped in the fiat world's image.
- TeraExchange, represented at the CFTF session on digital currencies has taken former New York Stock Exchange CEO Duncan Niederauer as an advisory director.
- Sheila Blair, former chair of the Federal Deposit Insurance Corporation has joined New York based itBit exchange on their board. A formal announcement on the subject is expected in the next several days.
Readers are reminded that New York and Manhattan in particular overtly present a hostile legal and regulatory environment unsuitable for actual Bitcoin businesses.