NEW YORK – If Roger Ver is the Bitcoin Jesus, then surely New York Department of Financial Services Superintendent, Benjamin Lawsky, is the Bitcoin antichrist.
Fresh off his re-election Tuesday, Governor Cuomo is facing the likelihood of replacing several key staffers as he begins his second term. And in what might be a bullish sign for Bitcoin enthusiasts the world over, one of those aides is Department of Financial Services Superintendent, Benjamin Lawsky, the most powerful person in New York State’s industry-leading effort to stamp out bitcoin.
According to sources for the New York Daily News:
"Department of Financial Services Superintendent Benjamin Lawsky is also expected to leave in early 2015 — bound for the private sector."
The banking elite – who many believe work hand-in-hand with the state agency – have apparently decided the best way to restrict Bitcoin’s growth is by creating impossible regulations that will stop the digital currency cold in its tracks.
bye_lawskyIn March, Lawsky began accepting applications for a newly devised BitLicense, which is expected to be required for bitcoin businesses and merchants across the state.
Recently, the Department of Financial Services proposed their first public draft of regulations and opened up the process to commenters.
Under the new rules, customers paying with Bitcoin in NY might be required to first provide government issued identification, while cash, credit, and debit paying customers would not face the same restriction.
Full Story: http://altcoinpress.com/2014/11/new-york-bitcoin-antichrist-slated-for-return-to-hell-in-2015/
