New York Makes More Time for Comments on BitLicenses Proposal

By August 22, 2014Bitcoin Business

Citing “a significant amount of public interest” in the Department of Financial Services’ proposed regulatory framework for cryptocurrency businesses, the State of New York has extended the window for which it will hear comments by 45 days.

Comments will now be due by Oct. 21 instead of early September. The move comes less than two weeks after the NYDFS promised the Bitcoin Foundation more information regarding the projected benefits of its proposal.

“It’s obvious that this […]

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