Xapo: New York’s BitLicense Proposal Threatens Consumers

By September 3, 2014Bitcoin Business

New York sidewalk Xapo has announced that it will exclude customers residing in New York should the state’s BitLicense proposal pass in its current form.

Penned by founder and CEO Wences Casares, Xapo’s blog post joins a growing chorus of bitcoin companies that have issued public statements on the matter.

In August , on behalf of bitcoin services startup Circle, CEO Jeremy Allaire criticised issues in the proposal that he said could “discourage innovation”.Casares builds on Allaire’s arguments throughout, stating […]

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