Virtual Currency Businesses: Regarding Adoption or Listing ...
NYDFS Creates Crypto Greenlist, Includes Paxos Issued Tokens
Bitcoin Planet NYDFS
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
These technologies escalate the power of government, but they also escalate the power of business, and they also escalate the power of individuals. So everyone's been upgraded. And it's a recalibration of who can do what, and everybody can do new things, so everybody's uneasy about it. Governments are very worried about what citizens are going to be able to do with these new technologies. Citizens are very worried about what governments are going to do, and everybody's worried about what businesses are going to do. It's this three-way dynamic that's playing out. And so for any of these individual issues, it's not just "What is one leg of this triangle going to be doing?" It's, "What are all three of them going to be doing, and how will the tension resolve itself?"
But make no mistake about it, a revolution is upon us and its resolution won't be as smooth as imposing overbearing new regulation that extends & even entrenches the status quo. Repurposing fragments of Clay Shirky's 2009 Newspapers and thinking the unthinkable:
THIS IS WHAT REAL REVOLUTIONS ARE LIKE. The old stuff gets broken faster than the new stuff is put in its place. When someone demands to know how we are going to replace the current financial regulation, they are really demanding to be told that we are not living through a revolution. They are demanding to be told that old systems won’t break before new systems are in place... that new methods of spreading information will improve previous practice rather than upending it.
PSA: The new Bitlicense regulations would cover localbitcoins transactions. Any person who is buying or selling bitcoins through localbitcoins can now be charged with criminal activity if they did not register with the NYDFS and pay their GoonSquad Mafia Fee.
Anyone who reads Cino's court filings can immediatly determine the guy is mentally ill and anyone who writes an article as if the guy is legitimate is an idiot or a scammer. Just another day in Bitcoinland.
Bitcoin is poised to revolutionize the way individuals and companies do business online. Make sure you don’t get left behind by learning the basics of bitcoin in our bitcoin education center. NYDFS: Why We Rejected Bittrex’s Application for a BitLicense UPDATE (April 18 20:30 UTC): This article has been updated to include a response from Bittrex at the bottom. The New York State Department of Financial Services (NYDFS), the financial regulator for the state of New York, is moving its in-house team supervising cryptocurrency businesses to a new division. Payments giant PayPal makes a big bang entry to the crypto space by launching its crypto trading services. It soon plans to start crypto shopping by early 2021. Guidance Date: 12/11/2019. Proposed Guidance Regarding Adoption or Listing of Virtual Currencies. Introduction. In July 2014 the New York State Department of Financial Services (DFS) released for public comment a proposed regulatory framework for virtual currency firms and in the summer of 2015 the Department finalized its regulations before beginning to issue licenses that fall.
WALL ST. RECESSION - NYDFS WANTS CONTINGENCY PLANS FROM CRYPTOCURRENCY COMPANIES!
New York State Department of Financial Services (NYDFS) Virtual Currency Hearings Benjamin M. Lawsky, Superintendent of Financial Services Tuesday, January 2... New York State Department of Financial Services (NYDFS) Benjamin M. Lawsky, Superintendent of Financial Services Tuesday, January 28, 2014 Panel 2 (2:30pm - ... The State Of Crypto - Episode 316 - Who Controls Bitcoin?, NYDFS Approves XRP Custody, Binance Debit Card Fails Satoshi’s Vision - 8/10/2020 If you would lik... Close. This video is unavailable. SUBSCRIBE if you enjoy these type of videos! Thanks for watching! MY WEBSITE: https://www.TheCryptoviser.com TWITTER: https://twitter.com/TheCryptoviser ----...