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Most banks lately are closing Bank accounts with Bitcoin related activity, like transfers to Coinbase, etc. Some merchants are afraid that they will loss their bank account if they get involved with Bitcoin, as already happened to some of them.

Why do you think Bank are doing this? Will your proposed regulation help us address this issue?

What do you think about Bitcoin?

Very simple, integrate with BitPay.com and get: 1. NO CHARGEBACKS EVER 2. Very low transaction fees (less than 1%) 3. Bitcoin converted to US Dollars and deposited in your account the next day.

Since the actual Money Laundry Laws can't be applied to Big Banks & Financial Institutions (HSBC, etc) because of fears that the entire banking system would be destabilized.

Do you think that is fair to have a law that only apply to little guys like BitInstant's Charlie Shrem for example?

I am also interested in why EFF doesn't support Bitcoin... after ready your about us page ( https://www.eff.org/about ) I consider that you are not "in first line of defense" if you don't support this fair, honest & open innovated financial systems as Wordpress did.