Ben Lawsky to Talk Regulating Digital Currency at Law School
Benjamin Lawsky, Superintendent of the New York Department of Financial Services (NYDFS), is slated to appear at the Benjamin N. Cardozo School of Law to discuss bitcoin on October 14th, according to this event page. The title of the 'Tech Talk' is Regulating Digital Currency: BitLicense and the Internet of Value, and Lawsky is perhaps one of the better-suited individuals working for the government that can speak on the topic. Lawsky's NYDFS currently has a proposal out right now for BitLicense scheme, which requires companies working in the digital currency industry in the State of New....
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Developers, miners and individuals using bitcoin will generally not be regulated by the impending 'BitLicense' proposals, according to Benjamin Lawsky, superintendent of the New York Department of Financial Services (NYDFS). Speaking at the Benjamin N Cardozo School of Law, New York, Lawsky clarified that many individuals and companies working within the bitcoin space will not need regulatory approval or a BitLicense to operate in New York State. "We are regulating financial intermediaries. We are not regulating software development," he said, adding: "To clarify, we do not intend to....
It wasn't terribly long ago that I wrote about New York Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky speaking at the Cardozo Law School in New York City. That event took place on Tuesday evening, and many in the community may be relieved to hear about what changes Lawsky and his team are planning to make to the much talked about BitLicense proposal that is out now in a public commenting period. For starters, software developers, bitcoin minters, and individuals using the digital currency (with the exception of those offering financial services) will not be....
Indian Mountain School (IMS), an independent, coeducational boarding school in Lakeville, Conn., has announced it will accept bitcoin donations for the school's fundraising activities. The school becomes the first elementary/middle school in the U. S. to accept bitcoin. Joining the school in making the announcement were digital currency payment processor GoCoin LLC and digital currency platform Bitcoin Shop, Inc. (BTCS). The school views introducing digital currency as part of being an innovation and technology leader in education. The school will offer parents and other supporters the....
Former New York State Department of Financial Services (NYDFS) superintendent Benjamin M Lawsky issued his first public statements on the BitLicense today following his stepping down from the position in June. The comments came during an interview with American Banker editor in chief Marc Hochstein at the second annual American Banker Digital Currencies + the Blockchain Conference in New York City, which also featured Digital Asset Holdings CEO Blythe Masters and Digital Currency Group CEO Barry Silbert, among others. Overall, the conversation stuck more broadly to areas of interest for....
New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky will give remarks on the agency's efforts to regulate digital currency activities at a Washington, DC event tomorrow. According to a press release from the NYDFS, Lawsky will be speaking at the BITS Emerging Payments Forum at 3:30pm UTC. In a tweet, Lawsky suggested that the speech may focus on the BitLicense, the regulatory framework crafted by the NYDFS that was expected to be released before the end of last month. Speaking tmrw on the latest in DFS digital currency regulation. Here's information on....