regulatory bodies here and the answers we have again, we spoke with sei, the secret service, dea, ice, fbic, occ, irs, the federal reserve, ncua -- >> and they all have sophisticated mean sns. >> yeah. >> we did consult from the consumer perspective. we've consulted with all of them as we can. this is developing an innovative arena and we were lucky to be able to cover it under pre-existing regulations. as we talked to our counter person, as well, with the last portion of your question, there is great interest by fellow regulators as they're trying to get their heads around what is this and what does it mean, our german counter parts, like us, and other coup tris, thus far, have been asking us what we see and financial aspect pass ports which is aml, standing setting bodies in an international community plans to take us this topic. >> in answer to your first question about the level of regulation, that's exactly what the states are trying to do with states and local regulators to make sure we have an appropriate level of oversight and supervisan

regulatory bodies here and the answers we have again, we spoke with sei, the secret service, dea, ice, fbic, occ, irs, the federal reserve, ncua -- >> and they all have sophisticated mean sns. >> yeah. >> we did consult from the consumer perspective. we've consulted with all of them as we can. this is developing an innovative arena and we were lucky to be able to cover it under pre-existing regulations. as we talked to our counter person, as well, with the last portion of your question, there is great interest by fellow regulators as they're trying to get their heads around what is this and what does it mean, our german counter parts, like us, and other coup tris, thus far, have been asking us what we see and financial aspect pass ports which is aml, standing setting bodies in an international community plans to take us this topic. >> in answer to your first question about the level of regulation, that's exactly what the states are trying to do with states and local regulators to make sure we have an appropriate level of oversight and supervision and if we have the tools to protect and prev