Ben Lawsky: Friend or Foe?
It would be generous to say that Benjamin Lawsky, superintendent of the New York Department of Financial Services (NYDFS), is viewed by the bitcoin community with some skepticism. The man who has championed 'BitLicenses' - bitcoin-specific versions of money transmitter licenses for New York State - has developed a reputation within the fledgling industry as someone who is, at best, 'not bad'. Yet, for a regulator navigating the waters of an industry with libertarian and anarcho-capitalist zealots at its core, that borders on near god-like status. While there are still many who dismiss his....
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Ben Lawsky: Friend or Foe? It's a question CoinDesk recently posed regarding the New York Department of Financial Services (NYDFS) superintendent, and one that is understandably concerning to the wider virtual currency community as New York state seeks to enact regulation in 2014. Speculation aside, on 20th February, the bitcoin community got its chance to seek an answer when Lawsky participated in a much-anticipated Ask Me Anything session on reddit. Here's my "Proof" picture for @reddit_AMA on #Bitcoin at 1230pm EST today. P. S. The SNES refs cracked us up. pic.twitter.com/6svPO3akNF. -....
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.....
Former New York State Department of Financial Services (NYDFS) superintendent Benjamin Lawsky denied allegations from the Bitcoin community suggesting he created the BitLicense as a setup for his newly established legal firm, The Lawsky Group. Lawsky said he is not allowed to work on anything related to the BitLicense for the rest of his life. Lawsky countered the criticism during an interview with American Banker editor in chief Marc Hochstein. The interview, held at the American Banker Digital Currencies + the Blockchain Conference in New York City, was Lawsky's first public appearance....
Ben Lawsky may have a chat with /r/bitcoin in the near future. Ben Lawsky, Superintendent of Financial Services for the State of New York, recently tweeted that he will try to do a Reddit AMA on Bitcoin regulation in the near future. This doesn't mean that it will definitely happen, but it would probably be a positive event for both regulators and the Bitcoin community. After all, bitcoiners have been rather worried about some of the troublesome statements Lawsky made during the New York Bitcoin hearings in January, but it seems he may have already started to backtrack on those original....
Just yesterday, New York State Department of Financial Services Superintendent Benjamin Lawsky took to Twitter to acknowledge he would "try" to do a Reddit AMA (short for ask-me-anything). As of Tuesday, it looks like Lawsky is willing to carry on through with his AMA Q&A session, expected to largely surround the topic of his work on bitcoin regulation. Lawsky said he's "hopefully" looking for the session to take place later this week. "Thanks to all for request/feedback on doing a Reddit AMA about #Bitcoin. Working to set up a time soon. Hopefully later this week." (source). Lawsky is....