Wall Street Divided on Bitcoin Rules
Now that BitLicense is set for implementation pretty soon, the debate is heating up in Wall Street on whether these bitcoin rules could make or break the industry. For some, the increased regulation could shore up more confidence in the feasibility of the bitcoin ecosystem while others think that compliance could prove too costly for most of the startups. For Steve Wager, head of global operations at digital currency startup itBit, their company takes more of a balanced view on stricter oversight. He noted that while the general reaction seems to be mostly negative, itBit is taking a....
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