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True Wealth Ownership: Greeks and Chinese Learn the Hard Way

Wall Street, Meet Block 368396, the Possible Future of Finance
| www.bloomberg.com
Bitpay Mid-Year Report: A New Global Economy (Over 120% growth in Latin America during Q2 2015)
| blog.bitpay.com
Bitcoin Hardware Wallet Manufacturer 'Ledger' is developing a secure smartphone wallet
| www.miningpool.co.uk
A Preliminary Field Guide for Bitcoin Transaction Patterns (PDF)
| blog.cryptocrumb.com
Australian Senate Committee Seeks to Overturn Bitcoin Tax Ruling That Has Hurt Industry
| www.coindesk.com
Bitcoin Wallet 'Mycelium' Releases Android Version 2.4.4
| www.reddit.com
Does Bitcoin cloud mining make sense?
| freedom-to-tinker.com
Bitcoin Security Firm 'Elliptic' Wins Award From 'The Banker' - A Financial Times Publication
| www.miningpool.co.uk
Mt. Gox CEO’s misdeeds may run into the tens of millions of dollars
| www.japantimes.co.jp
PODCAST: Bitcoin and Block Chains (Featuring Marc Hochstein and Blythe Masters)
| letstalkbitcoin.com
Decentralized Marketplace OpenBazaar’s New UI Prototype Released
| cointelegraph.com
Ethereum Launches; But Leaked Chat Says Project Needs ‘Years More’
| cointelegraph.com
Former Mt Gox Employee Ashley Barr Reveals New Details about Mt.Gox Operations after Karpeles’ Arrest
| bitcoinmagazine.com
Former Mt Gox CEO 'Mark Karpeles' arrested in Japan
| www.bbc.com
Rand Paul's US Presidential Campaign has raised $33k in bitcoin donations (Anonymous staffer quoted - Number is from late May)
| www.miningpool.co.uk
Bing Rewards users are now able to enter to win bitcoin
| blog.snapcard.io
PRESS RELEASE: Overstock.com and FNY Capital Conclude $5 Million Cryptobond Deal
| www.nasdaq.com
Report: Tokyo Police Seeking Fraud Charges Against Mt Gox CEO Mark Karpeles
| www.coindesk.com
BitBeat: Bitcoiners Decamp to Bretton Woods, Assess the Future of Bitcoin
| www.wsj.com
Godfather of Bitcoin Adam Back explains how block chains will prevent another banking crisis
| www.ibtimes.co.uk
Ethereum Launches Long-Awaited Decentralized App Network
| www.coindesk.com
Drunk British man hailed as saviour after spending £300 on pizzas for strangers in America using reddit and bitcoin
| www.dailymail.co.uk
Pantera Capital Weekly Review (July 27th, 2015)
| panteracapital.com
Halal Compliant Muslim Microfinance Using Bitcoin
| mvslim.com
US Government Agency 'National Science Foundation' Funds $3 Million Cryptocurrency Research Initiative
| www.coindesk.com
Purse.io Sees Record New Users and $24,000 in Purchases on Amazon Prime Day (2,145 new users in the week leading up to Amazon Prime Day)
| bitcoinmagazine.com
Block Chain Technology Will Erode Banking Borders
| www.americanbanker.com
Former Obama Tech Advisor Explains How Bitcoin Could Transform Government (Brian Forde is currently the Director of Digital Currency at MIT Media Labs)
| www.forbes.com
New Payment Partnerships Set To Accelerate Global Bitcoin Adoption
| blog.bitpay.com
Block Chain in the Corporate Environment Has Big Potential, But Faces Implementation Challenges
| www.wsj.com

Bitlicense Hub

MATT ODELL  •  LAST UPDATED: FEB 05, 2015


Update (Feb. 4th, 2015) new

New York State Department of Financial Services Releases Revised BitLicense Proposal (PDF)

Changes between the new draft of the NYDFS Bitlicense and the previous one are highlighted (PDF)

CoinCenter's initial thoughts on New York’s revised BitLicense proposal


Update (Dec. 18th, 2014)

Key Points of Bitlicense Announcement at Today's Event

1) New draft in next 2 days. (Edit: 2 days have passed and it still hasn't been released. It should be released shortly.)

2) There will be a 30 day comment period after release of new draft.

3) Late January is expected timeframe for Bitlicense to go live.

4) Software developers, merchants, miners, consumers and investors are exempt.

5) Required to keep 7 years of records, down from 10 years in the original draft.

6) Not required to keep records for virtual digital currency transactions.

7) Interim 2 year licenses will be prioritized to businesses that may not yet be able to qualify but wish to comply.

Coindesk: NYDFS Superintendent Lawsky Outlines Revisions to New York's BitLicense in DC Speech

Update (Dec. 17th, 2014)

New York Department of Financial Services Superintendent Ben Lawsky on Twitter: We're outlining updates to our BitLicense regulatory framework tomorrow at Bipartisan Policy Event.

Update (Dec. 3rd, 2014)

According to Superintendent Lawsky on Twitter, the revised version of the Bitlicense should be released later this month. Furthermore, all public responses to the Bitlicense are now available online.

Update (Oct. 21st, 2014)

With the public comment period ending today, here are the next steps the NYDFS plans to take, based on Superintendent Lawsky's comments at the Bitlicense discussion that took place at Cardozo Law School last week:

According to Superintendent Lawsky, the next steps are as follows:

1) NYDFS will read and make public all comments.

2) NYDFS will release redrafted guidelines.

3) NYDFS will open up another public commentary period.

4) NYDFS will release final regulations with 45-60 days for companies to comply.


Update (August 21st, 2014):

The NYDFS has extended the Bitlicense Comment Period by 45 days to October 21st, 2014.

Benjamin Lawsky



A little less than a month ago, Superintendent Benjamin Lawsky, on behalf of the New York State Department of Financial Services, presented their Bitlicense guidelines. These guidelines are meant to be the model for future federal Bitcoin regulations and are now under a 45 day community review period. Many industry players feel that the review period is too short and request that it be extended in good faith. One thing is for certain, if regulations are too strict, then businesses will move elsewhere.

The estimated total cost to apply for a New York BitLicense for the hypothetical company described above would be $12,000 to $15,000. - Jason Tyra | Bitcoin Tax Blog

Below we have compiled responses from individuals and organizations throughout the industry. This page will be updated as new responses are posted online. If you have a response you would like us to add, email me at matt@coinprices.io

Bitlicense Responses w/ Petition Attached

Bitlicense Responses with no Petition

Protests to Bitlicense



You should send your own responses/thoughts on the Bitlicense to NYDFS:

Dana V. Syracuse Office of General Counsel New York Department of Financial Services One State Street New York, NY 10004-1511 Email: dana.syracuse@dfs.ny.gov

Source for Submission Address

DISCLAIMER
CoinPrices and the author of this post are not affiliated with any products, events, companies, or any other entity covered in this piece. This post does not constitute an endorsement or guarantee of the listed products in any way. This post and any comments written by the author should not be considered financial advice. It is merely intended to provide information to users.
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