The Bitcoin Community Reacts to the NY BitLicense

By June 4, 2015Bitcoin Business

The New York State Department of Financial Services (NYDFS) yesterday released the third and final revisions to its BitLicense legislation. The updates are aimed at improving functionality within the industry and making sure businesses are compliant without stifling innovation. Two previous versions of the regulations received much criticism and the third is no different.

Here are some Bitcoin community reactions to the updated NY BitLicense:

Jesse Powell , co-founder and CEO, Kraken : “The heavy […]

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