Lawsky’s BitLicense Draws Plenty of Criticism

By June 12, 2015Bitcoin Business

According to ShapeShift CEO Voorhees, BitLicense collects too much information from its users and might create a security risk

NYDFS maintains that these rules are just for the protection of consumers

Benjamin Lawsky, who recently stepped down from his post as NYDFS chief , has drawn a lot of criticism for his BitLicense framework. This set of rules is designed to oversee the operations in the digital currency industry and requires companies to secure […]

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