Posts Tagged
‘Bitlicense’

Financial regulators in South Korea have launched a new digital currency task force, with an eye to introduce new regulations for exchanges by early next year. The Financial Services Commission convened the first meeting of its new task force this week, and the agency is planning additional hearings over the next few months. Other government […]

Theo Chino, a Bitcoin entrepreneur has filed a lawsuit against NYDFS and its handling of BitLicense in the Supreme Court of the State of New York. Read more… For those who have been following the developments in cryptocurrency sector from past couple of years, the BitLicense fiasco is quite familiar. The cryptocurrency industry was in […]

No doubt, new regulations can cause backlogs, inefficiencies and stalling. This may be the case for New York bitcoin regulation and exchange. In June 2015, Benjamin Lawsky was heading up New York’s Department of Financial Services (DFS), when it developed rules for virtual currency firms by mandating that they get a ‘BitLicense’ for holding customer […]

Nov 01, 2016

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by: admin

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Tags: Bitcoin, Bitlicense, Law, Mt Gox, Regulation

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Categories: Crypto Currency, Economy, Government

Existing legal frameworks can be applied for Bitcoin and blockchain technology applications. Regulations will shape up as we go, just like it happened with the internet. Read more… The increasing usage of Bitcoin and blockchain technology in today’s economy is posing a challenge to the governments. With the current legal and regulatory environment set to […]

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