Leading Altcoin Developers Speak Out Against New York’s BitLicense Proposal

By August 26, 2014Bitcoin Business

New York’s proposed bitcoin regulations have been the subject of increasing criticism in recent weeks, with a wide variety of industry leaders coming forward to criticize the laws for their lack of clarity and for putting up unnecessary obstacles to the ecosysem’s future growth.

One element of the BitLicense proposal  that has proved controversial is how it could be interpreted as applying to the developers of the more than 400  alternative digital currencies currently in circulation.

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