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BitLicense may be finalized by end of May 2015

Thursday 23 April 2015 00:30 CET | News

New York Department of Financial Services has revealed that the BitLicense regulatory framework may be released before the end of May 2015.

Proposals for the BitLicense, which will regulate bitcoin business activity in the state of New York, were first released in 2014 and have since been revised over the course of several comment periods.

The proposals have sparked debate among entrepreneurs and community members over the degree to which such activities should be regulated.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, BitLicense
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
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DeFi & Crypto & Web3