Bitcoin Forum

Bitcoin => Press => Topic started by: jdebunt on August 26, 2015, 01:30:34 PM



Title: [2015-08-26] BitLicense Wake of Destruction So Far
Post by: jdebunt on August 26, 2015, 01:30:34 PM
http://digitalmoneytimes.com/crypto-news/bitlicense-wake-destruction-far/

One of the most worrying aspects of the BitLicense regulatory framework is the exodus of Bitcoin companies in the New York State area.  Over the past few weeks, it has become quite clear that companies deciding to be compliant with BitLicense might face some serious backlash from its users.  For those of you who are wondering which companies are actively pursuing a BitLicense, the following short list will give you an idea.


Title: Re: [2015-08-26] BitLicense Wake of Destruction So Far
Post by: aso118 on August 26, 2015, 04:19:51 PM
http://digitalmoneytimes.com/crypto-news/bitlicense-wake-destruction-far/

One of the most worrying aspects of the BitLicense regulatory framework is the exodus of Bitcoin companies in the New York State area.  Over the past few weeks, it has become quite clear that companies deciding to be compliant with BitLicense might face some serious backlash from its users.  For those of you who are wondering which companies are actively pursuing a BitLicense, the following short list will give you an idea.

It is primarily the larger businesses who have the capability to comply with the norms. No wonder we are seeing quite a few of the start ups deciding to move. New York's loss will be some other business' gain.  :)