BitLicense Application Released by New York State

The New York Department of Financial Services has released the application for a “License to Engage in Virtual Currency Business Activity” more commonly known as the Bitlicense. You can view it here (PDF). Bitlicense Controversy The Bitlicense application is 31 pages. I just checked my handy bible, and Genesis is only 33 pages. God needed 2 more pages to create the world than Ben Lawsky needs to vet Bitcoin companies. In case you’re not familiar, Ben Lawsky is a former regulator who is primarily responsible for the new virtual currency regulations in New York. Eric Voorhees, CEO of shapeshift.io, recently said […]

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