“New York plans to create regulations that will guide virtual currency firms that operate in the state, possibly requiring them to hold a ‘BitLicense,’ the state’s top banking regulator said Tuesday, one day after a major arrest in the bitcoin universe. Benjamin Lawsky, New York’s Superintendent of Financial Services, said such regulatory guidelines would seek to bar misconduct like money laundering while not cornering in booming cryptocurrency technology. His comments came during the start of hearings this week – organized by the New York Department of Financial Services – on the future of online currencies.”
http://rt.com/usa/bitcoin-regulations-new-york-320/
Related posts:
Drone crashes into crowd at American ‘Running of the Bulls’
The Enemy of the NSA is My Friend
The Tragedy of Detroit: "It Didn't Have to Be This Way"
More Redflex Executives Fall Over Red Light Camera Bribery Scandal
Colorado Sheriffs Unite to Block ‘Unenforceable’ Gun Control Laws
Frenchman Persecuted for Mentioning Bitcoin in a Conversation
Berkeley, CA declares 'climate emergency', calls for 'humane' population control
Frank Facts About the New Malta Passport Program
Spanish govt slammed over bizarre Catalan .cat internet registry cop raid
Senate Report Highlights Cars Vulnerable to DARPA-Funded Hackers
Will Freedom to Remove Eyebrow Hair Make Texas a “Dangerous” Place?
Pilot puts aviation career on hold to work on Bitcoin startup
"Officer of the Month" Admits to Planting Drug Evidence
Another Revolving Door: Deputy Secretary Neal. Wolin to Leave Treasury
Police assault, bind Libertarian candidate for 3.5 hours in Detroit