New York's Benjamin Lawsky plans to turn up the heat on banks through random audits and targeted assessments of cyber-security preparedness.
The accounting firm's regulatory consulting unit agrees to settle accusations over a Bank of Tokyo-Mitsubishi report for $25 million.
Proponents of the virtual currency are dividing into two camps, one opposed to the rules and one in favor.
After a year-long review, New York proposes regulations for virtual-currency firms.
State banking regulator says virtual currency licenses would prevent misconduct but not derail the fledgling technology.
