It was recommended that Bitcoin be subject to the same anti-money-laundering laws, including Know-Your-Consumer, that banks are subjected to. Moreover, the bankers recommended that Bitcoin be subjected to the suspicious activities reports (SARs) in which banks must currently comply.
The story here is that these bankers have no bloody idea what the FED does. FinCEN (U.S. Treasury Department) is responsible for SARs. Anti-money-laundering
laws are enacted by congress.
Christ, these people just point at a random government institution and say "Regulate this#!@"
EDIT: I've read the FAC report that this article has completely misrepresented. The bankers report that Bitcoin does not pose a systematic risk to the banking system and state that they expect future regulation to mitigate any future risk it may pose. I liked their language, they view Bitcoin as a burgeoning threat.
The article you've quoted is idiotic and its title is inaccurate.