Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next NY Attorney General

Good news for American bitcoin companies, someone who wants much lighter Bitlicense regulations is in the running to be the next New York attorney general. And in China, a bitcoin mining hardware producer is planning a $1 billion IPO. These stories and much more in today’s edition of Bitcoin in Brief. Also Read: Stripper Explains … Read more

Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter

In today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know … Read more

Bill Promises to Rid New York of Bitlicense Fees

A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim is to protect … Read more

Bitcoin Enthusiasts Organize “Abolish the BitLicense” Protest

Bitcoin regulation will always remain a very touchy subject among industry experts. Although an official guideline for service providers helps legitimize cryptocurrency as a whole, there are some negative side effects as well. A group of Bitcoin enthusiasts now want to abolish the BitLicense altogether. Can we Abolish the BitLicense? It is safe to say … Read more

South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges

The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Bitlicense Comes to Korea The South Korean regulators are considering introducing an approval system for cryptocurrency … Read more

NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense Firms

Accusations, rumors and fears of manipulation in the cryptocurrency market have been around for a long while now. The most recent one involves Tether supposedly artificially propping up the price of bitcoin by printing USDT. Now one regulator demands that companies in its jurisdiction will take action against such possible risks. Also Read: Weiss Ratings … Read more

US Financial Regulator Requests Crypto Trading Data From South Korea

The New York State Department of Financial Services has asked two South Korean financial authorities to share cryptocurrency-related data they obtained from their recent inspections of six major Korean banks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The US Wants South Korean Crypto Data The New York State Department of Financial … Read more