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Tag: BitLicense

Can Bureaucrats Really Regulate Bitcoin?

Discussion about bitcoin regulation often resembles mixing oil and water. This becomes more apparent as governments and bureaucrats worldwide ponder how they can apply regulatory policy to bitcoin. As the cryptocurrency gains significant popularity, the question arises: ‘Can bitcoin be…

BitLicense Critic Wages One-Man War

New York’s BitLicense was born into controversy. Created by the New York State Department of Financial Services (NYDFS) to protect consumers from fraud and loss, critics of the industry-specific licensing regime weren’t exactly quiet. Objections ranged from the potentially prohibitive cost of…