Benjamin Lawsky Leaving the New York Department of Financial Services
Benjamin Lawsky, an increasingly familiar name in the bitcoin space, is once again making the news. Lawsky, presently serving as the Superintendent of the New York Department of Financial Services (NYDFS), is reportedly leaving the regulatory body some time next year, according to a report published last week by Bloomberg. Under Lawsky's watch, the NYDFS collected over $3 billion in fines from banks, called for the termination of executives, and overall came down very hard on financials institutions that weren't exactly following the rules. In the bitcoin community, Lawsky first caught the....
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Benjamin M Lawsky has rubbished the reports of him offering consultations on New York's Bitcoin regulatory framework, the BitLicense. The comments arrived during Lawsky's first public appearance since his resignation as the superintendent of New York Department of Financial Services (NDFS). The tough-nut financial watchdog was being interviewed by the American Banker editor-in-chief Marc Hochstein, where he faced a series of controversial questions concerning his new consultation firm. The interviewer had asked Lawsky whether he had any conflict-of-interest in monitoring and issuing....
A simple reminder that New York State Department of Financial Services Superintendent Benjamin Lawsky has begun to answer questions on social sharing website Reddit.com. The AMA (ask-me-anything), which is taking place here, is expected to focus on Lawsky's work to regulate bitcoin and bitcoin businesses in the State of New York. As of this writing, Lawsky has only answered one question, but with over 100 comments on the thread piled up already, he's got a long way to go. Check it out for yourself. Who knows, you may even have your question answered.
The Department of Financial Services superintendent, Benjamin Lawsky, who has been leading the charge in an effort to regulate bitcoin, is reportedly considering resigning from his position in early 2015. Benjamin Lawsky is perhaps the most powerful person in New York State to be pushing regulation on the bitcoin community. Many are curious as to where Lawsky will go: a bank? a finance company? a Bitcoin company? an elected position? After the election of last week, it's not uncommon to see several resignations follow. Perhaps the most interesting resignation is that of Benjamin Lawsky.....
Benjamin Lawsky fights for regulation of cryptocurrency exchanges in state of New York. In an official statement made last Tuesday, the financial authorities of New York said that they would soon begin accepting applications for virtual currency exchanges. These would include those dealing in Bitcoins. This is a consequence of regulator's growing interest in the technology. It was Benjamin M. Lawsky, the city's Superintendent of Financial Services who issued the public order. Need for stronger oversight. In the light of the demonstrated need for stronger oversight of virtual currency....
Former New York regulator Benjamin Lawsky, who oversaw what many consider the most restrictive state bitcoin regulation known as BitLicense, now works as a counsel and media liaison for Axoni, a blockchain technology firm that uses blockchain in settling derivative transactions, according to Reuters. Lawsky said he intended to start a consulting business when he announced his departure from the New York Department of Financial Services last spring, CCN reported. As a regulator, Lawsky had a reputation for consistently pushing for larger fines and stricter rules. Lawsky’s firm, the Lawsky....