Quite interesting that Bitcoin appears to be making inroads into the mainstream financial system (which being registered a bank would seem to imply). The primary issue with Bitcoin is that because it is issued by no one, and is no one's primary currency, there is no incentive or ability by any organization to regulate it through monetary policy. It's value is set only by the market. The flaws with such a system is obvious, and Bitcoin experienced it itself when it went through that massive devaluation a few years back. Even with automated banking systems, the market structures used throughout the world are based on currencies having a measure of stability to them in terms of pricing, or, at the very least, that a central bank of some sort will give ample notice before a massive change will occur. With Bitcoin, that all goes out the window, and pricing becomes a major challenge. As such, I don't see anyway Bitcoin can move into the mainstream marketplace. It has to be a niche provider. So this step is very interesting and counter-intuitive.<p>Should note, when I say no regulation, I mean it can't be regulated according to market movements. It's regulated by a pre-set system of release, not one that can react to changing circumstances.