ShapeShift Leaves New York, Choosing Not to Comply with BitLicense

[Kprawn]

This might sound stupid, but I am going to ask it anyway.

Can you still run a company in NY and not pay the BitLicence fee, if you exclude USA from your service? The regulations are there to protect the citizens of that state, and if you exclude them from your service, it should not be applicable to you.... right?

Some of the gambling sites are doing it now, but they are operating from other countries.

The main goal of this license and regulations was not to protect local consumers... just a way for them to profit from it, so I guess they will not agree with me on this. 

[Oscilson]

This might sound stupid, but I am going to ask it anyway.

Can you still run a company in NY and not pay the BitLicence fee, if you exclude USA from your service? The regulations are there to protect the citizens of that state, and if you exclude them from your service, it should not be applicable to you.... right?

Some of the gambling sites are doing it now, but they are operating from other countries.

The main goal of this license and regulations was not to protect local consumers... just a way for them to profit from it, so I guess they will not agree with me on this. 

I also want to know.

[jonald_fyookball]

This might sound stupid, but I am going to ask it anyway.

Can you still run a company in NY and not pay the BitLicence fee, if you exclude USA from your service? The regulations are there to protect the citizens of that state, and if you exclude them from your service, it should not be applicable to you.... right?

Some of the gambling sites are doing it now, but they are operating from other countries.

The main goal of this license and regulations was not to protect local consumers... just a way for them to profit from it, so I guess they will not agree with me on this. 

I also want to know.

just my (non professional) opinion, but I seriously doubt it.  You'd be operating
in the state of NY and under their thumb jurisdiction.