yomofo (OP)
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July 17, 2014, 02:09:06 PM |
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RodeoX
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The revolution will be monetized!
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July 17, 2014, 02:14:06 PM |
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You can't show us a little of what your link is? I don't click on random pdf files.
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Torque
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July 17, 2014, 02:16:42 PM |
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becoin
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July 17, 2014, 02:23:13 PM |
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Superintendent Lawsky said: “We recognize that – as the first state to put forward specially tailored rules for virtual currency firms – continued public feedback will be an important part of finalizing this regulatory framework. We look forward to carefully and thoughtfully reviewing public comments on our proposal.” What is the definition for a virtual currency firm? Receiving or transmitting virtual currency on behalf of consumers; Every ISP should be a virtual currency company?
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Freenhult
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★ BitClave ICO. Join NOW ★
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July 17, 2014, 02:27:58 PM |
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Superintendent Lawsky said: “We recognize that – as the first state to put forward specially tailored rules for virtual currency firms – continued public feedback will be an important part of finalizing this regulatory framework. We look forward to carefully and thoughtfully reviewing public comments on our proposal.” What is the definition for a virtual currency firm? I'm not sure they really know what they are talking about 100%. Seems to me this should be implemented with Cash because that's pretty anonymous and has a diverse, rich history of money laundering. But we're not supposed to know that, so Thanks for regulating something else out of existence NY. We can only hope the neighboring states have wider arms because they'd benefit more now that NY is squeezing.
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wingsfan23
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July 17, 2014, 02:39:28 PM |
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Everything looks pretty standard. I don't really like this section however, and I'm not sure how it can be enforced...
Records of Virtual Currency transactions. Each Licensee shall maintain the following information for all transactions involving the payment, receipt, exchange or conversion, purchase, sale, transfer, or transmission of Virtual Currency: the identity and physical addresses of the parties involved, the amount or value of the transaction, including in what denomination purchased, sold, or transferred, the method of payment, the date(s) on which the transaction was initiated and completed, and a description of the transaction.
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JimNastics
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July 17, 2014, 02:40:24 PM |
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45 day comment period, which will go by in no time. After then, any thoughts how long until the regs are in play?
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Ibian
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July 17, 2014, 02:42:53 PM |
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Notice to bears: This Is Actually Good News™.
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Look inside yourself, and you will see that you are the bubble.
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dgarcia
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July 17, 2014, 02:47:08 PM |
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Notice to bears: This Is Actually Good News™.
To bears, to bulls. To cowboys and to indians: It's nothing more than as expected. Neutral. Nodding, next news pls.
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theonewhowaskazu
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July 17, 2014, 02:49:21 PM |
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This changes nothing. Only news is that we might be on the news, lol.
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Torque
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July 17, 2014, 02:54:23 PM |
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This changes nothing. Only news is that we might be on the news, lol.
No, say it ain't so! According to everyone, this news and looming ETF news was supposed to take us to the moon!!
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elux
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July 17, 2014, 02:54:50 PM Last edit: July 17, 2014, 03:10:18 PM by elux |
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This changes nothing. Only news is that we might be on the news, lol.
History will prove you wrong, friend. This changes the game... for... who? Businesses and financial institutions in the world's #1 financial hub. This means existing financial entities are getting the necessary go-ahead from regulators. This means they are getting an onboarding path for working with Bitcoin. This means Financial technology startups are going to base out of New York instead of California. Less than a year ago, before the senate hearings, Bitcoin being effectively outlawed in the United States was totally plausible. And now look where we are... Maybe nothing changes to you, right now, but in the big picture of things, this is as crucial as it gets.
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dgarcia
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July 17, 2014, 02:57:43 PM |
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This changes nothing. Only news is that we might be on the news, lol.
No, say it ain't so! According to everyone, this news and looming ETF news was supposed to take us to the moon!! Is this not the same as with all news?
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dgarcia
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July 17, 2014, 03:01:40 PM |
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This changes nothing. Only news is that we might be on the news, lol.
History will prove you wrong. This changes the game for financial institutions in the world's #1 financial hub. Financial technology startups are going to base out of New York instead of Silicon Valley or Frankfurt, or London, or... Maybe that's right, but is this news more than what was already expected? In the longer term this could realy matter by the further progress of adoption and development ... ...but for now? Nothing.
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jl2012
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July 17, 2014, 03:03:02 PM |
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You can't show us a little of what your link is? I don't click on random pdf files.
It's a .gov site.
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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jl2012
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July 17, 2014, 03:04:41 PM |
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Notice to bears: This Is Actually Good News™.
To bears, to bulls. To cowboys and to indians: It's nothing more than as expected. Neutral. Nodding, next news pls. It's not over-regulated, so it's bullish
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY) LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC) PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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elux
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July 17, 2014, 03:05:18 PM |
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You can't show us a little of what your link is? I don't click on random pdf files.
It's a .gov site. *puts on tinfoil hat*
...Exactly.
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JimNastics
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July 17, 2014, 03:10:18 PM |
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History will prove you wrong, friend.
This changes the game... for... who? Businesses and financial institutions in the world's #1 financial hub.
What's this got to do with London?
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alex0909
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July 17, 2014, 03:10:55 PM |
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You can't show us a little of what your link is? I don't click on random pdf files.
It's a .gov site. *puts on tinfoil hat*
...Exactly. I see what you did here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bullish news, but not sure if it will have a great impact
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Hyena
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July 17, 2014, 03:39:18 PM |
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sweet, time for my domains to go to the moon!!!!
NEWYORKBITCOINLICENSE.COM NEWYORKBITLICENSE.COM NEWYORKBITLICENSES.COM NYBITCOINLICENSE.COM NYBITLICENSE.COM NYBITLICENSES.COM
wtf? why would such domain names be of any value?
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