A lot of people in this world feel that regulations are needed to help better the world. Others believe that policies and restrictions stifle innovation and work only for those who can manipulate the odds. Brewster Kahle is a man who for two years tried to start a credit union and failed due to the regulatory process by the National Credit Union Administration’s (NCUA) stipulations. Especially since the bank tried to help low-income New Jersey
Tag Archive: Bitcoin businesses
Bitcoin Breaking News Brief, Bitcoin Regulation, Breaking Bitcoin News, Breaking News Bitcoin, Bitcoin Regulation, News, News teaser
On Wednesday, February 4, Ben Lawsky, the Superintendent of the New York Department of Financial Services (NYDFS), released the revised version of the infamous BitLicense. This piece of regulation will require all Bitcoin businesses in New York that deal with transmitting Bitcoin, and exchanging it for fiat, to obtain a license. Holding a license will require businesses to comply with several stipulations, the major ones being capital requirements, record keeping standards, an Anti Money Laundering
Bitcoin, Bitcoin Regulation, Bitcoin Technology, Bitcoin Wallet, Conferences, Conferences and Meetings, Inside the conferences, News, News teaser
The North American Bitcoin Conference got off to a good start on January 17th, despite the tumbling value of Bitcoin in the last couple weeks. The presentations and panels were loaded with heavy weights in the industry, including Jeff Garzik of Bitpay, Henry Yeh of Binary Financial, Dan Morehead of Pantera Capital, as well Sam Dastyari an, Australian Senator, and many others. Several new innovations were on display as well, with Ledger Wallet showing off
Bitcoin, Bitcoin Technology, Conferences, Conferences and Meetings, Inside the conferences, News, News teaser
This article is the fourth and final part of our coverage on the Bitcoin Conference St. Petersburg 2014. In the first article, we summarized the lecture given by Alex Fork. He spoke about the potential that Bitcoin has beyond it’s financial potential; Fork believed that Bitcoin was a cultural experiment, that it could advance society as a whole. In the second article, we covered Michael Chobanian’s speech, which was about the efficacy of Bitcoin organizations.