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New York Just Released Its Bitcoin License, And They're Going To Change The Face Of Digital Currencies In The US
The New York Department of Financial Services has released a draft for what the state's BitLicenses will look like, and they're going to change the face of Bitcoin commerce in the U.S.. The greatest change is that anyone using a New York-sanctioned Bitcoin service will no longer be anonymous. This was something Bitcoin's earliest users said was essential to the digital currency's appeal, but which DFS, as well as other lawmakers, expressed strong distaste for at hearings earlier this year. Now, any business whose essential service is buying, selling, or processing Bitcoin will have to maintain records of their ... (full story)
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