The Bitcoin industry has taken fright with the announcement of a possible regulation requiring the issue of a bitlicense .
The offensive legislation comes from these guys :
NEW YORK STATE
DEPARTMENT OF FINANCIAL SERVICES
PROPOSED
NEW YORK CODES, RULES AND REGULATIONS
TITLE 23. DEPARTMENT OF FINANCIAL SERVICES
CHAPTER I. REGULATIONS OF THE SUPERINTENDENT OF FINANCIAL SERVICES
PART 200. VIRTUAL CURRENCIES
it explains why BTC has gone from USD628 to USD620 in the past 24 hours
DCC Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
