July 17, 2014 Peter Yeh

Today, New York’s Department of Financial Services has released a proposal [PDF] for a “BitLicense” regulatory framework, becoming the first state to create regulations specifically for cryptocurrencies like Bitcoin. WHO’S GONNA NEED A LICENSE? Exchanges, online wallet providers, escrow services, and the creators, administrators, and issuers of virtual currency now have to get a license from […]

Read More…