There’s big pressure on New York’s bitcoin regulation plan

By April 23, 2015Bitcoin Business

Benjamin Lawsky, superintendent of the New York State Department of Financial Services, speaks during a Bloomberg Television interview in New York, U.S., on Monday, Nov. 24, 2014. Photograph by Scott Eells — Bloomberg via Getty Images BitLicense may be a necessary step for the industry, but bitcoin businesses fear over-regulation.

Soon, virtual currency businesses will have to answer to BitLicense.

It’s an apt choice of name for a regulatory framework that will govern an […]

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