Large Bitcoin exchanges halt their activity in New York following negative framework
While there are countries such as the United Kingdom and Australia showing a ton of support towards Bitcoin integration, there are also certain regions which seem to be against it. One example is New York, where recent legislative framework requires all bitcoin-related business to pay the sum of $5,000 for what’s known as a Bitlicense.
http://themerkle.com/news/large-bitcoin-exchanges-halt-their-activity-in-new-york-following-negative-framework/