Author

Topic: What does the bitlicense mean for average people? (Read 1496 times)

member
Activity: 63
Merit: 10
I didn't know that New York's BitLicense foray could signal similar regulations in other cities and states!
member
Activity: 247
Merit: 10
I think they need to register for this no matter what the business does
newbie
Activity: 32
Merit: 0
What do you think is he right that regulation of BTC is coming ?
hero member
Activity: 854
Merit: 1000
Quote
Per his discussion today, he is only looking at true money exchangers for licensing, people who run exchanges (Mt Gox) or who do it via websites or in public (ATM machines)
Yeah, I think these regulations will only apply to MSB's. 
legendary
Activity: 1498
Merit: 1000
http://www.inc.com/jeremy-quittner/regulators-cryptocurrency-questions-not-answers.html?cid=sf01001

I am more interested in what this means for online stores based in NY? If someone operates a business in the NY state do they need to register for this no matter what the business does?
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