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NY State frightens the industry

  1. rosencrantz
    2,786 Posts.
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    21/07/14
    13:09
    Post #: 13689951
    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
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    lightbulb Created with Sketch.  Great analysis
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