Call it a moment of dueling realities for Iowa-based paymentsinnovator Dwolla, a company with deep ties to the credit unionindustry through its supportby CUSOs The Members Group and the Veridian Group.

Bad news came on one front, good news on another.

A few days ago, Bloomberg News reported that Dwolla was on a short list of companies NewYork's top banking regulator had subpoenaed in an investigationinto the virtual currency Bitcoin.

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