Earlier today, New York Department of Financial Services (NYDFS) superintendent Ben Lawsky participated in a Bitcoin-themed Ask Me Anything (AMA) on Reddit, offering a window into the state’s plans for future regulation of the cryptocurrency. Lawsky made headlines last week after sketching out a regulatory framework that would include a “BitLicense” for those doing business […]

Ben Lawsky from New York’s Department of Financial Services made headlines yesterday after outlining his state’s plan for regulating Bitcoin, but his other comments about the cryptocurrency that may be more interesting. Speaking at Future Tense in Washington, DC, Lawksy weighed in on the recent price drops caused by the “transaction malleability” glitch. “I think […]

Benjamin Lawsky, superintendent of New York’s Department of Financial Services, gave details of his agency’s regulatory plan for Bitcoin transactions in the state. Speaking at the Future Tense conference in Washington, DC, Lawsky outlined the creation of a “BitLicense” for businesses using cryptocurrencies, making New York the first U.S. state to regulate the currency. “Our […]