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New York Now Accepting Applications for Digital Currency Exchanges
Posted on 3/11/14 at 4:33 pm
Posted on 3/11/14 at 4:33 pm
quote:
New York’s Superintendent of Financial Services, Benjamin M. Lawsky, has issued a public order that confirms the state is now accepting applications for digital currency exchanges.
Perhaps most notably, however, was that Lawsky indicated that these new businesses will be regulated under new New York regulation, which he committed to having in place by the end of the second quarter of 2014.
Not even sure if this guy has legislative authority to make this movement, but I found this to be interesting.
ETA: Link to article is here.
This post was edited on 3/11/14 at 4:34 pm
1
Posted on 3/11/14 at 4:39 pm to Mo Jeaux
Interesting move by New York. The thing that stands out the most is their intention of establishing a set of regulations within the year. This would make traversing the legalities much more plausible than it currently is.
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