Benjamin Lawsky Unveils Final Bitcoin Regulations

By June 3, 2015Bitcoin Business

Outgoing NY regulator Benjamin Lawsky reveals the final BitLicense framework

Financial intermediaries in Bitcoin business must obtain a license

Licensing application fee set at $5,000 Speaking at the BITS Emerging Payments Forum today, Superintendent of the New York Department of Financial Services Benjamin Lawsky released the final set of Bitcoin regulations, commonly known as BitLicense.The rules and regulations will govern only the financial intermediaries associated with Bitcoin and other virtual currencies.Mr. Lawsky said: “ […]

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