Author

Topic: [2014-11-03] CD: Lawsky: NYDFS Considering Transitional BitLicense for Small ... (Read 773 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Lawsky: NYDFS Considering Transitional BitLicense for Small Startups

The New York Department of Financial Services (NYDFS) has announced that it is considering creating a special type of transitional BitLicense tailored to the needs of small businesses and startups.

The special licensure would allow bitcoin startups that meet certain criteria to operate within a more flexible regulatory framework for a yet-to-be-determined period of time, during which examinations of the business would be conducted.

http://www.coindesk.com/lawksy-nydfs-considering-transitional-bitlicense-small-startups/
Jump to: