NYDFS Promises Bitcoin Foundation More Information on BitLicense

NYDFS Promises Bitcoin Foundation More Information on BitLicense

The New York Department of Financial Services promised to provide the Bitcoin Foundation with more information on draft 'DFS-29-14-00015-P,' "Regulation of the conduct of Virtual Currency Businesses," or otherwise known as the BitLicense, after the Foundation had filed with the NYDFS yesterday with concerns and comments, in accordance to the New York Freedom of Information Law for "any risk management and cost-benefit analysis (or any other systematic assessment) that is a part of the 'extensive research and analysis'." Jim Harper leads the Bitcoin Foundation's Global Policy Counsel. He is....


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