New York Proposes Regulations for Bitcoin

, The Associated Press

   | 0 Comments

Benjamin Lawsky, head of the Department of Financial Services, said his agency is trying to protect consumers and prevent money laundering without stifling innovation in establishing "BitLicenses" for firms involved in receiving, transmitting and storing virtual currency.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202663623310

Thank you!

This article's comments will be reviewed.