Representatives from several bitcoin businesses told a panel of state banking regulators today that the current regulatory environment is making it difficult for them to build partnerships with banks.

Executives from BitPay, Xapo, SecondMarket and CoinX spoke before a meeting of the Conference of State Bank Supervisors (CSBS) Emerging Payments Task Force in Chicago.

source: http://www.coindesk.com/bitcoin-businesses-detail-banking-setbacks-at-us-task-force-hearing/