IntLicense: NYC's 1994 Internet Regulation Proposal
The New York State Department of Financial Services has released a proposal for regulating the use of cryptocurrency. It is informally known as "Bitlicense". Check it out here. The puoposal is currently in a "comment period", where many individuals in the bitcoin industry, including Circle CEO Jeremy Allaire and Bobby Lee, founder of BTC China, have....
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“We have sought to strike an appropriate balance that helps protect consumers and root out illegal activity – without stifling beneficial innovation” We should all be fortunate that the statement above was ‘never’ made by Ron Brown; the former chairman of the Department of Commerce, which oversees the National Telecommunications and Information Administration. Those were the words of the Benjamin M. Lawsky on July 17, 2014 in a statement introducing the proposed BitLicense regulation. But what if 20 years earlier on July 17, 1994 a document known as the IntLicense was released to the world....
This op-ed is all about inspiring you to look at the future from a different perspective. Getting you to look at the world, at Bitcoin, and how they fit together in a totally different fashion. People today are all caught up in the US Dollar price of Bitcoin and the ups-and-downs of Bitcoin's value relative to a fiat currency. That misses the entire point of what Bitcoin is, and why it's here. It's here for you. It's not here to compete with dollars, for dollars. And Bitcoin can make history, most likely by repeating history in its own image. Also read: The Promise Of Bitcoin Is Important,....
Cryptocurrency exchange Coinbase has published its proposal for crypto regulation after “more than 75 meetings with stakeholders in government, industry, and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core pillars to inform future U.S. regulation.”
Coinbase’s Proposal for Crypto Regulation
The Nasdaq-listed cryptocurrency exchange Coinbase published its Digital Asset Policy Proposal (DAPP) Thursday.
Coinbase CEO Brian Armstrong tweeted: “Today we’re....
Marc Andreessen helped start the Internet revolution when he co-wrote early web browser Mosaic and co-founded Netscape. Now he views bitcoin as the next technological revolution on the scale of the Internet. Andreessen Horowitz, the venture capital firm Andreessen runs with longtime collaborator Ben Horowitz, has invested about $50m in Coinbase and other bitcoin companies, and Andreessen recently vowed to invest hundreds of millions more in the space. Balaji S. Srinivasan is a general partner at Andreessen Horowitz and is a vocal bitcoin proponent. Srinivasan co-founded Counsyl, a genetic....
The Internet Development Institute (IRI) of Russia has prepared a roadmap titled “Economics and Finance” which includes a proposal for regulating blockchain. A new roadmap that pitches the proposal to ‘legalize’ blockchain technology by January 2017 was submitted to President Putin this week, December 22, 2015. The roadmap is a supplement under the wider proposal called “Internet Program 2025”, an initiative that puts together proposals for the development of internet and communication as a whole in Russia. The proposal has one if its strongest advocates in Andrei Romanenko, the co-founder....