Breaking Down New York’s Latest BitLicense Revision

By February 4, 2015Bitcoin Business

The New York State Department of Financial Services (NYDFS) released the latest version of of its BitLicense proposal today, an event that sets off another 30-day comment period before the much-anticipated regulation can be finalized.

The revised draft finds the state agency following through on a number of proposed changes it has previously announced publicly, while clarifying the intent and structure of the proposal.

Overall, the revised BitLicense displayed a willingness by the NYDFS to both respond […]

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