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Author Topic: What does the bitlicense mean for average people?  (Read 1479 times)
gweedo (OP)
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February 11, 2014, 10:12:05 PM
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http://www.inc.com/jeremy-quittner/regulators-cryptocurrency-questions-not-answers.html?cid=sf01001

I am more interested in what this means for online stores based in NY? If someone operates a business in the NY state do they need to register for this no matter what the business does?
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danieldaniel
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February 12, 2014, 01:23:24 AM
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Quote from: uvwvj on February 11, 2014, 10:27:11 PM
Per his discussion today, he is only looking at true money exchangers for licensing, people who run exchanges (Mt Gox) or who do it via websites or in public (ATM machines)
Yeah, I think these regulations will only apply to MSB's. 
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last2come222
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February 20, 2014, 03:59:28 PM
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What do you think is he right that regulation of BTC is coming ?
GVanelly
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March 05, 2014, 10:43:32 AM
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I think they need to register for this no matter what the business does
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March 06, 2014, 07:11:18 AM
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I didn't know that New York's BitLicense foray could signal similar regulations in other cities and states!
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