Posts Tagged
‘Bitlicense’

Working towards common policy goals will be priority number one where Bitcoin and blockchain are concerned. Getting US Congress to think along the right lines for Bitcoin and blockchain regulation is not an easy feat. Thankfully, there are initiatives such as CoinCenter, which aim to bridge the gap between disruption and government. A bipartisan Blockchain […]






Governor Andrew Cuomo and the New York Department of Financial Services have officially announced the proposal of the country’s first cyber security regulation to protect consumers and financial institutions. If approved and activated, it will affect any financial license holders in the state, including BitLicense-approved Bitcoin companies. Once the 45-day notice and public comment period […]






Sep 16, 2016

|

by: admin

|

Tags: Bitcoin, Bitlicense, Law, Regulation

|

Categories: Crypto Currency, Economy, Government

California won’t become the second state after New York to have a ‘BitLicense’ type of law any time soon. The lawmaker who introduced AB 1326, California Assembly member Matt Dababneh, D-Encino, has shelved it, marking the second straight year such legislation has been sidelined. After several conversations and meetings with virtual currency experts, consumer organizations, […]






Aug 22, 2016

|

by: admin

|

Tags: Bitcoin, Bitlicense, California, Law

|

Categories: Crypto Currency, Economy, Government, Politics

The state of California is once again moving forward with legislation that would update its money transmitter rules to capture businesses engaged in digital currency activities. Deemed inactive last September, Assembly Bill 1326 was re-introduced by the legislature this week and has since been read and amended. Given the discussion that surrounded earlier versions of […]






California is set to follow New York’s lead, but the Bitcoin Foundation wants to stop the state from getting its own version of the BitLicense. The California Bitcoin License bill designated as AB1326 has undergone several changes in the assembly and senate since it was first introduced last year. It is now awaiting a second […]






It is important to note this Bitcoin legislation is not all negative, though. Chamber of Digital Commerce president Perianne Boring is a public supporter of this new law. Bitcoin and regulation are two topics that will hardly ever go hand-in-hand these days. North Carolina Governor Pat McCrory has been signing a lot of legislative proposals […]






Jul 07, 2016

|

by: admin

|

Tags: Bitcoin, Bitlicense, Law, Regulation

|

Categories: Crypto Currency, Economy, Government

BitLicense, introduced in the New York state did more harm than good to the digital currency technology industry. Other governments intend to avoid making the same mistakes. Read more… When BitLicense was introduced, it was hailed as a defining moment, where the government-less and regulation-less cryptocurrency platforms meet regulatory machinery set up by governments and […]






The recent hacks at ShapeShift, a sort of vending machine for altcoins, has been one of the biggest stories in Bitcoin for the past few weeks. Although the hacks were a serious hit to the exchange, CEO Erik Voorhees claims things could have been much worse if the startup had decided to comply with BitLicense […]






May 19, 2016

|

by: admin

|

Tags: Altcoin, Bitcoin, Bitlicense, Regulation

|

Categories: Crypto Currency, Government

Gemini, the BitLicense regulated Bitcoin exchange platform has received approval to include Ethereum as one of the tradable cryptocurrencies on the platform. Read more… Gemini, the New York-based bitcoin platform operated by the famed Winklevoss twins will soon allow traders to buy and sell Ethereum’s native cryptocurrency Ether. According to reports, Cameron and Tyler Winklevoss, […]






May 06, 2016

|

by: admin

|

Tags: Bitcoin, Bitlicense, Bloomberg, Ethereum, Facebook

|

Categories: Crypto Currency, Economy

Lawmakers and regulators in the United States could be doing a much better job attracting innovative fintech startups to the country, Coin Center Executive Director Jerry Brito said at a recent cryptocurrency-focused event hosted by the Cato Institute. Although the United States started out as the leader in Bitcoin regulation, it is now falling behind […]






Apr 26, 2016

|

by: admin

|

Tags: Bitcoin, Bitlicense, IRS, Law, Regulation, Tax

|

Categories: Crypto Currency, Economy, Government