Bitcoin community is rising against BitLicense

Bitcoin community is rising against BitLicense

Last 17th July 2014, the New York State Department of Financial Services (NYDFS) has officially released its proposed BitLicense regulations, governing virtual currency firms doing business with New York residents or operating in New York. This was the first proposed regulatory framework designed specifically towards virtual currencies. The bitcoin community and businesses dealing with crypto currencies should be aware that during the 45-day comment period, they have the opportunity to provide feedback and request clarification or amendments to the proposed regulations. The comment period....


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