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Title: [2016-09-16]NYDFS Puts Additional Regulatory Burdens on Bitcoin Sector Post by: BTCBinary on September 16, 2016, 08:25:26 PM NYDFS Puts Additional Regulatory Burdens on Bitcoin Sector
The New York Department of Financial Service (NYDFS) has published a new cybersecurity regulation draft which might have a direct-indirect impact on the state’s Bitcoin industry growth. Touted as the regulation that would limit consumers’ exposure to cyber attacks, the aforementioned law is likely to put additional legal burdens on the New York’s freshly brewing Bitcoin sector. The state’s FinTech entrepreneurs were already facing troubles in complying with a draconian BitLicense law... http://www.newsbtc.com/2016/09/16/nysdfs-adds-cybersecurity-policy-burden/ Title: Re: [2016-09-16]NYDFS Puts Additional Regulatory Burdens on Bitcoin Sector Post by: theochino on March 05, 2017, 04:43:30 PM That is why we need to fight the NYDFS ....
New motion @PierreCiric includes @Jim_Harper affidavit in support due to lack of information on #Bitcoin reasearch - http://www.article78againstnydfs.com Read the whole document here: http://www.article78againstnydfs.com/docs/Index-101880-15/07-OurNewMotionForLimitedDiscovery/TabD-HarperAffidavit.pdf Regards, Theo Chino @TheoBitcoin --- The Showdown: Join me at Oral Arguments on the Status of the Bitlicense 3/16/2017 @ 8:30 am http://meetu.ps/e/CycxN/nndL/a Some preliminary meetups: The Basic: Paper Review; Bitcoin: A Peer-to-Peer Electronic Cash System 3/9/2017 @ 7:00 pm http://meetu.ps/e/CxT97/nndL/a The Advanced topic: Socratic Seminar 66 (Food Sponsored by PWC) 3/14/2017 @ 7:00 pm http://meetu.ps/e/CwdKj/nndL/a https://twitter.com/TheoBitcoin Donation welcome: 1EW7ESwvS3yGesSbP8G5ULsHYmy5pykeCG Title: Re: [2016-09-16]NYDFS Puts Additional Regulatory Burdens on Bitcoin Sector Post by: Carlton Banks on March 05, 2017, 10:35:48 PM That is why we need to fight the NYDFS .... Fighting a gangster turf protection model on it's own terms isn't going to work IMO. Either outcompete them till they beg you to return to New York, or make them permanently irrelevant. That will get their attention, but it won't matter anyway, because they'll no longer be relevant either way. Title: Re: [2016-09-16]NYDFS Puts Additional Regulatory Burdens on Bitcoin Sector Post by: theochino on March 07, 2017, 10:26:46 PM You haven't seen this document ...
It's a draft legislation pushed by the Coin Center: (57 pages but page 4 of the doc is what my lawsuit is about.) http://www.uniformlaws.org/shared/docs/regulation%20of%20virtual%20currencies/2017mar_RVCBA_Mtg%20Draft.pdf You can read Coin Center post. https://coincenter.org/link/one-of-bitcoin-s-best-bets-for-sound-regulation-is-about-to-wrap-up https://coincenter.org/entry/second-comment-on-the-uniform-law-commission-s-uniform-regulation-of-virtual-currency-businesses-act "We generally support the current draft and have filed this comment to address some residual concerns with this important model legislation. " Title: Re: [2016-09-16]NYDFS Puts Additional Regulatory Burdens on Bitcoin Sector Post by: theochino on March 07, 2017, 10:36:54 PM The whole shabang
http://www.uniformlaws.org/Committee.aspx?title=Regulation%20of%20Virtual%20Currency%20Businesses%20Act |