Bitcoin News Mash-Up: Yes to BitLicense; No to BitLicense; and More BitStamp Files Application for BitLicense When a majority of the Bitcoin companies are packing their bags to leave New York, Bitcoin exchange BitStamp has decided to embrace the reason of their departure. The popular Bitcoin exchange recently informed on Twitter that it is applying for BitLicense, the widely criticized Bitcoin regulator framework ...
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 ...
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