Why Bitcoin Startups Are Worried About BitLicense

By April 30, 2015Bitcoin Business

Rolling out microplatforms, $2.25M, Investors from Most bitcoin startups fear strict regulation from financial authorities these days, as a few have been aiming to limit cryptocurrency activity. For one, bitcoin has gained the reputation of being used for criminal activities such as drug dealing or money laundering, leading regulatory agencies to be skeptical about it’s usage.

In particular, bitcoin startups in the U.S. are worried about the implementation of New York’s BitLicense project next month, […]

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