New York City Attempts to Shut Down Bitcoin. Ben Lawsky, Superintendent of Financial Services at the New York State Department of Financial Services (DFS) announced on reddit today New York’s proposed new regulatory framework for virtual currencies.. The regulations will be formally published in the July 23, 2014 edition of the New York State Register – which starts a 45-day public comment ... Erik Voorhees on Ben Lawsky’s Bitcoin Firm: “It’s the Very Definition of Crony Capitalism” June 24, 2015 By Kyle Torpey ShapeShift.io CEO Erik Voorhees was recently interviewed by Paul Buitink , Jop Hartog , and Tuur Demeester on the deBitcoin weekly hangout , and he discussed his company’s recent reaction to the finalized BitLicense . On Thursday (September 5), Binance and Paxos Trust Company (“Paxos”) announced a strategic partnership for the purpose of launching a fully dollar-collateralized stablecoin called Binance USD (BUSD). A Brief History of Paxos. In April 2012, a crypto exchange called itBit was born. In May 2015, New York State Department of Financial Services (NYDFS) issued “a limited purpose trust company ... Ben Lawsky Announces Revised BitLicense December 18, 2014 By Oliver Carding A few days ago, New York State’s superintendent of financial services, Ben Lawsky, announced DFS’s revised outline of the Bitlicense framework for regulating digital currencies. Ben Lawsky Introduces Changes to the Bitcoin Bitlicense Regulations at Money 20/20 in Response to feedback from 90 Day Comment Period on Initial Proposal Benjamin Lawsky, Superintendent of the New York Department of Financial Services (NYDFS), is slated to appear at the Benjamin N. Cardozo School of Law to discuss bitcoin on October 14th, according to this event page. The title of the ‘Tech Talk’ is Regulating Digital Currency: BitLicense and the Internet of Value, and Lawsky is perhaps one of the better-suited individuals working for the ... Lawsky added in his tweet that he expects to have a proposal out in the next week, perhaps two. DFS making good progress on virtual currency regs. Sorry for running slightly behind. Should have proposal out in next week or 2. #bitcoin — Ben Lawsky (@BenLawsky) July 9, 2014
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