Is NY’s BitLicense Forcing Bitcoin Startups to Relocate. Newsbtc Bitcoin Opinion. New York has started implementing its BitLicense recently, much to the dismay of bitcoin startups that are unable to come up with enough funds to obtain licenses for its products. In fact, Poloniex, a NY-based bitcoin exchange, recently decided to move its operations elsewhere due to the limitations imposed by the regulatory framework.
BitLicense was drafted and put in force by the New […]
