Digital Rights Advocacy Group Launches Campaign Against BitLicense
Digital rights advocacy group the Electronic Frontier Foundation (EFF) is supporting privacy, free speech and innovation through a new email campaign opposing New York's proposed BitLicense. The EFF has crafted a pre-written letter for supporters to sign and send to the New York Department of Financial Services (NYDFS) and its leading supervisor, Superintendent Ben Lawsky. The letter argues that premature regulation stifles innovation, and that because of this, the BitLicense could adversely affect the bitcoin and digital currency industry should it pass in current form. However, the EFF....
Related News
The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and must be regulated. The group adds that any such regulation should on one hand encourage innovation, but discourage bad actors on the other. Equal Access to Banking and Financial Services The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has implored the Central Bank of Nigeria (CBN) to reconsider its decision to block crypto entities from the banking ecosystem. The group insists that....
The highly controversial California AB 1326, often referred to as “California’s BitLicense” has failed to pass in the Legislature. The bill, which would require Bitcoin many Bitcoin businesses operating in California to apply for a state-issued License, failed to pass before the September 11 deadline. The strict nature of the bill has led the Bitcoin community to compare it to New York’s BitLicense, which has forced many Bitcoin businesses to cut off their services to New York. The California Bitcoin bill garnered large amounts of criticism from the Bitcoin community, as well as....
According to Russian crypto advocates, the existing laws “do not meet the needs” of the cryptocurrency market. A group of Russian lobbyists led by the law firm Digital Rights Center has launched a new campaign against regulatory initiatives that they feel are impeding cryptocurrency adoption in the country.The group has created a platform designed to help resist the adoption of laws that hamper the turnover of cryptocurrencies and digital assets in Russia, Digital Rights Center announced Tuesday. Other founding members of the initiative include the Commission on Blockchain Technologies and....
While members of the bitcoin and blockchain industry have been vocal in their praise for proposed regulation in California, more broadly focused digital advocacy groups are taking a surprisingly critical stance. In the latest bill analysis on AB-1326, filed on 13th July, the Electronic Frontier Foundation (EFF) and Copia Institute entered opposition arguments, a position that places them at odds with bitcoin advocacy firm Coin Center, which has called the newest version "vastly better" in interviews and published materials. The EFF's response, portions of which are now public via the....
A web page has been set up for the donation matching campaign that runs through February.