Topic: The Real Cost of Applying for a New York BitLicense - page 2. (Read 1683 times)
It's totalitarian.
This is a ridiculous and draconian license that I for one will not be applying for.
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Frost estimated the application cost Bitstamp roughly $100,000, including time allocation, legal and compliance fees.
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Jaron Lukasiewicz, CEO and founder of Coinsetter, noted his company had spent approximately $50,000 on BitLicense-related expenses over the past two years. "I think its bigger cost, though, has been in the uncertainty it created for investors looking to invest in our space – hopefully that will begin to reverse itself now."
Why the cost between Bitstamp and Coinsetter is different
http://www.coindesk.com/real-cost-applying-new-york-bitlicense/
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