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Topic: BitLicense... who does it apply to exactly? - page 2. (Read 3018 times)

hero member
Activity: 631
Merit: 501
Just reading the terms, it seems to apply to anyone dealing with virtual currencies...

Are there clear unambiguous exemptions?
Like for merchants or services that just accept bitcoin payments (but do not hold customer funds)?

 Huh
All services and companies who operate in NY are affected, specifically those who transmit virtual currencies like for example bitfinex or Kraken.

So reading the documentation about Bitlicense... what does it mean for pool operators?

Even though I have a pool and BTC is not one of the coins that can be mined... does this mean I need to start turning away New York residents from accessing my pool?
sr. member
Activity: 490
Merit: 250
Just reading the terms, it seems to apply to anyone dealing with virtual currencies...

Are there clear unambiguous exemptions?
Like for merchants or services that just accept bitcoin payments (but do not hold customer funds)?

 Huh
All services and companies who operate in NY are affected, specifically those who transmit virtual currencies like for example bitfinex or Kraken.
legendary
Activity: 1100
Merit: 1032
Just reading the terms, it seems to apply to anyone dealing with virtual currencies...

Are there clear unambiguous exemptions?
Like for merchants or services that just accept bitcoin payments (but do not hold customer funds)?

 Huh
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