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Title: BitLicense to issue a virtual currency? Post by: vict on June 04, 2015, 12:25:28 AM New York Releases Final BitLicense
Final BitLicense Proves Divisive Milestone in US Bitcoin Regulation "They changed so little with this version, it's laughable," Yale Law School's Elizabeth Stark told CoinDesk. Stark, for example, took issue with the idea that startups would need a license to "issue a virtual currency", which she argued would hurt the growing number of bitcoin 2.0 projects seeking to use cryptographic tokens to incentivize communities. Though exceptions were made for the use of tokens for non-financial purposes, Stark predicted the industry will see a broader trend toward decentralization, though at the cost of ease of use for consumers. http://www.coindesk.com/bitlicense-divisive-milestone-bitcoin-regulation/ (http://www.coindesk.com/bitlicense-divisive-milestone-bitcoin-regulation/) Need a bitlicense to cloned coins? Title: Re: BitLicense to issue a virtual currency? Post by: canth on June 04, 2015, 01:16:00 AM Need a bitlicense to cloned coins? It appears to be the case. Go anon via Sunny King / Satoshi style or block the main website from NY IP addresses. Title: Re: BitLicense to issue a virtual currency? Post by: Adderral on June 04, 2015, 04:02:35 AM I was under the impression it was for bitcoin business not altcoins.
Title: Re: BitLicense to issue a virtual currency? Post by: smooth on June 04, 2015, 09:35:10 AM No. Software development and distribution was carved out in the previous rev. But if you are doing some kind of ICO/premine then you are potentially "issuing"
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