I personally doubt he'll ever get regulation approval. Those Facebook twins are still waiting for approval on there ETF's from several years ago
What ever happened to that exchange Patrick Byrne was going to launch? I haven't heard anything about this for months
Same thing as happens with most big crypto related projects probably - they announce it thinking its going to be easy and tell everyone it will be finished in 3 months. 6 months later, they are still telling everyone it will launch in 3 months. Another 3 months later they announce a breakthrough - now it will be ready to launch in 6 months.
It's almost finished being built. They never said it would take 3 months, when they announced it they said they can probably get it coded by April of 2015 but even then you'd still need months to get regulatory approval. I watched this presentation the other day, it's not specifically about crypto but he "briefly" mentions that his crypto project is almost done being built here.
https://www.youtube.com/watch?v=vFOpSTodk_U