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But that regulation could also be disallowed.
There is recognition within the industry that regulation is needed.
Mr. Volcker argues that regulation by itself will not work.
It's clear that regulation to protect both is needed.
In Berlin many think that regulation is the answer.
Marketing industry groups argue that regulation is unnecessary.
There is growing acceptance that regulation can put governments in control.
What can be done to ensure that regulation does not kill innovation?
Their line is that regulation will cut back access to credit.
"It seems inevitable that regulation will be a part of mainstream legitimacy for Bitcoin," Levine said.
But it should pay attention to King when he says that regulation is no panacea.
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