After two years of debates and revisions, the New York Department of Financial Services (NYDFS) today released BitLicense , the world’s most awaited Bitcoin regulatory framework that many experts believe could be a prototype for other state regulators.
Mr. Benjamin Lawsky, the soon-to-be former Superintendent of NYDFS, dictated the law during a speech in Washington DC. The new rules, as said by the regulator, were focused on businesses which hold customers’ funds, and also those […]
