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BlockShow Europe 2018 • May 28-29, 2018

Just like that last time in Munich, the goal of BlockShow Europe 2018 stays the same: to bring together the…

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Tag: BitLicense

Genesis Global Trading Joins the League of Bitcoin Businesses Granted New York BitLicense

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Genesis Global Trading Joins the League of Bitcoin Businesses Granted New York BitLicense

Genesis Global trading, a reputable cryptocurrency brokerage that services institutional investors and high caliber bitcoin investors have finally succeeded where many firms have failed. The Digital Currency Group-backed firm is now one of five crypto-related businesses to have been granted the New York BitLicense, the others being Coinbase, bitflyer, and Circle Genesis Cracks the BitLicense Hard Nut Thursday, May 17,…

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BitLicense Discussion (Pt.2): “Regulation Kills Innovation in NY Bitcoin Space!”

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

BitLicense Discussion (Pt.2): “Regulation Kills Innovation in NY Bitcoin Space!”

The cryptocurrency community has long criticized BitLicense as a harmful law that destroyed bitcoin and related businesses in the state of New York. The New York Department of Financial Services (NYDFS) released the document in July 2015 to regulate crypto activity in the state, but its unveiling also meant that many startups moved their operations out of New York. NYDFS Superintendent Hails…

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Issuing BitLicense Boosted Business, Says Head Of New York Finance Services

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Issuing BitLicense Boosted Business, Says Head Of New York Finance Services

In a bid to maintain its position as one of the initial regulators of digital currency, the New York State Department of Financial services is taking specific steps. With the introduction of the blockchain-focused BitLicense in August 2015, Mario Vullo, the superintendent of NYDFS, displayed her agency’s contribution towards the maturity of the digital currency space. On April 10 2018,…

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New York Bitcoiners Move to Abolish Draconian BitLicense Regulation

Category: Bitcoin, Business, News, Regulation

New York Bitcoiners Move to Abolish Draconian BitLicense Regulation

While bitcoin and cryptocurrency regulation is essential, it’s also very important to draft these guidelines in a way that will be for the good of all. However, in recent times, most regulatory authorities have formed a bad habit of creating oppressive laws that do nothing but stifle the growth of the digital currency industry. One of such laws is New…

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Op-Ed: New York’s Pathetic Attempt to Regulate Crypto

Category: Commentary

Op-Ed: New York’s Pathetic Attempt to Regulate Crypto

My friend D.C. sent this message to a group of us Bitcoiners through a messaging app while visiting N.Y. recently, “I’m in New York and just tried to log onto ShapeShift. This is what I got (on my computer screen).” “CENSORED IN NEW YORK This service is censored in New York State due to regulations which mandate the extraction of…

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US Senate Passes Controversial Bill to Collect “Sensitive Personal Data”

Category: News, Regulation, Tech

US Senate Passes Controversial Bill to Collect “Sensitive Personal Data”

On October 27, the US Senate overwhelmingly passed the controversial Cybersecurity Information Sharing Act (CISA) in a 74-21 vote. This bill will allow the government and various enforcement agencies to legally surveil and access sensitive personal data. The announcement aggravated the tech community, receiving widespread criticism from industry heavyweights, tech analysts and influential figures including American privacy activist and former…

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Circle Becomes First BitLicense-Approved Bitcoin Company

Category: Business, Finance, News, Regulation

Circle Becomes First BitLicense-Approved Bitcoin Company

On September 22, 2105, Circle announced that it is now compliant with BitLicense, thus expanding its services to include residents of New York State. “We founded Circle to help people share value in the same way they share other kinds of content and messages on the Internet: for free, safely, and instantly anywhere in the world,” the company stated in…

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K2 Intelligence Welcomes Former NYDFS Regulator and FBI Cryptocurrency Expert

Category: Business, News

K2 Intelligence Welcomes Former NYDFS Regulator and FBI Cryptocurrency Expert

K2 Intelligence has recently announced the addition of two senior executives, Dana Syracuse and Vincent D’Agostino. A leader in the industry, K2 Intelligence offers investigative, compliance, and cyber defense services to governments, companies, boards, and individuals. Dana V. Syracuse, former Associate General Counsel of the New York State Department of Financial Services (NYDFS), will join as Managing Director of the…

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California Bitcoin License Draws Criticism from Crypto Community

Category: Business, Finance, News

California Bitcoin License Draws Criticism from Crypto Community

Similar to New York’s BitLicense, which has caused the closure of many prominent bitcoin startups and exchanges like Kraken, Localbitcoins.com, Shapeshift, etc. in the state of New York, the California Senate is planning to pass a bill called AB 1326, a licensing requirement for bitcoin startups and exchanges in California. AB 1326, like BitLicense will require bitcoin startups to pay…

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