Bitcoin Forum

Bitcoin => Legal => Topic started by: uglybird on April 18, 2015, 02:33:35 PM



Title: Adam Draper Listed 3 BitLicense Revisions:
Post by: uglybird on April 18, 2015, 02:33:35 PM
This is the list:

  • To limit the information gathering to whatever is already required on a federal level. Why would New York State need more than what is already required of the companies on a federal level?
  • To remove all the duplicate Federal and State regulations that will only double the burden and cost on the companies.
  • A Sandbox of innovation in the financial markets should be created. A place to test out products on a smaller group of people who understand the risks in order to work out the kinks before they hit the mass market and need to burden of regulation.

Resource: http://bitforum.info/t/adam-draper-listed-three-revisions-for-bitlicense/829