The New York Department of Financial Services (NYDFS) published their proposal for a BitLicense a little over a week ago, and it has already led to a storm of critique.
Several days ago, the New York Department of Financial Services (NYDFS) published a draft proposal for a “BitLicense.”
Bitcoin was off to a rough start in 2014. The once biggest Bitcoin exchange, Mt.Gox, finally collapsed in February after struggling for months.
Russia’s economy is deteriorating fast, and sanctions imposed by the US Treasury Department are causing increasing costs for the already weakening regime of Vladimir Putin.
Some Chinese exchanges have started to receive official shutdown notices from banks stating that they have to stop Bitcoin related business by April 15, 2014.