[2014-07-09] Ben Lawsky: NYDFS “Making Good Progress” on Virtual Currency Regula

[LiteCoinGuy]

Ben Lawsky: NYDFS “Making Good Progress” on Virtual Currency Regulation

http://newsbtc.com/2014/07/09/ben-lawsky-nydfs-making-good-progress-virtual-currency-regulation/

[fancy_pants]

No sweat Ben,  we'll all just uninstall the app until you say we're good.  Stay vigilant!

[segeln]

In the Tweet he talks about "proposal"
Does anyone know what steps have to be taken that the Regulation itself becomes effective ?
Is it kind of law and has to pass different legal bodies to get approval?
Does NY Senator Cuome have to sign the issue?

[segeln]

I am a little bit astonished no one knows fundamentals about the supposed most important issue for bitcoin in the next weeks