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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