New York became the first state to formally propose regulations for bitcoins and other virtual currencies last week. And organizers of the Cryptolina Bitcoin Expo that’s set for Raleigh next month wasted no time in adding a panel to discuss what regulations might mean.

The Bitcoin Expo is set for Aug. 15-16 at the Raleigh Convention Center.

Organizers are hoping to draw a crowd of several hundred people.

Edmund Moy, a former director of the United States Mint, will participate in the panel discussion. He also is a speaker at the conference.

“We want to provide consumers and businesses an opportunity to ask questions, and we are honored to be hosting such an extraordinary lineup,” said Faruk Okcetin, a co-founder of the Cryptolina Bitcoin Expo along with Daniel Spuller. “This will be a direction-setting discussion that will provide a much needed dialogue on these critical issues for our community.”

Panelists include, with bios provided by the organizers:

The Honorable Edmund C. Moy – Served as the 38th Director of the United States Mint, where he advised U.S. Treasury Secretaries Hank Paulson and Timothy Geithner, and worked closely with the Federal Reserve and Congress. From 1989-1993 he was head of the federal Office of Health Maintenance Organizations, which regulated the HMO industry.

Carol Van Cleef, Esq. – A partner with Washington-based law firm Manatt, Phelps & Phillips, Ms. Van Cleef represents financial services companies and other clients in federal and state regulatory, compliance, and enforcement matters, including anti-money laundering, electronic payments and federal deposit insurance.

David Aylor, Esq. – An acting part time-prosecutor and former Assistant Solicitor for the Ninth Circuit, Aylor has been practicing criminal law and civil law for several years in South Carolina. Most recently he has been representing the individual alleged to be involved with what is believed to be the first US Government Federal seizure of Bitcoins.

Tyler Gibbons, CPA – A CPA in public practice with Charleston-based Riser McLaurin and Gibbons, Tyler provides guidance on Federal and State compliance issues. He has presented to various associations on virtual currency tax reporting and is a current candidate for appointment to the IRS Information Reporting Advisory Committee.

Andrew Beal, Esq. – A Los Angeles-based corporate attorney and cryptoequity expert who represents Bitcoin exchanges, large sellers, and ATM operators. He is legal counsel to several Bitcoin 2.0 companies working on issues related to crowd sales and distributed governance.

Panel moderator is Todd Erickson, who is also a member of the Bitcoin Foundation’s regulatory affairs committee.

More information about the conference is available online.

For additional information on scheduling, ticket pricing, student pricing, sponsorships and demo opportunities please visit: http://www.cryptolina.com/