Banking Trade Group Proposes Database for US Bitcoin Companies

Banking Trade Group Proposes Database for US Bitcoin Companies

The American Bankers Association (ABA) has called for the creation of a national database of digital currency companies and exemptions for banks from future licensing requirements. The proposals were outlined in a 16th February letter sent to the Conference of State Bank Supervisors (CSBS), an organization made up of state banking regulators that released a draft framework for digital currency licenses in December. The licensure framework approach is being adopted by New York and is under discussion by other US states like New Jersey. The CSBS has also held hearings on the subject of....


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