https://btcglobal.net/press/info/bitcoin-start-ups-massive-parallel-licensing-program-launch-overcomes-regulCrowdsourcing licensing for the regulations required to develop and run Bitcoin businesses legitimately? I like that!
more information here:
http://forexmagnates.com/compliance-through-alliance-btc-global-introduces-crowdsourced-bitcoin-regulation/Massive Parallel Licensing (MPL) is a partnership program that is part franchising and part crowdsourcing, and which BTC Global believes will provide a solution to “regulatory issues in the United States and worldwide facing bitcoin”. In their prepared statement, BTC Global explained that “the highest hurdle for entrepreneurs interested in launching a Bitcoin exchange business is the significant international and local regulatory requirements.” They added that “it is estimated that an investment of over $10 million would be required to reach total legal compliance in all the U.S. 50 states alone.” To solve this problem, MPL will allow bitcoin operators to partner with BTC Global, and leverage each other’s regulatory infrastructure and resources.
