New York’s BitLicense: A Primer (Part 3 of 3)

Samuel Brylski - Headshot[1] copy

*+-In Part 1 of this series, I discussed the purpose of the BitLicense regulation and the scope of the requirement to obtain a BitLicense. In Part 2, I outlined most of the major obligations a BitLicense imposes on the Licensee. In this third and final article of this series, I will discuss the requirement to… Read more »

A year on from Gox and Bitcoin still has an image problem

Tom Hashemi

*+-In today’s TBI blog post, Ryan Selkis writes on the anniversary of Mt. Gox’s demise. Selkis was responsible for breaking the story and this helped position his blog as the go-to source for breaking news and information on Bitcoin scandals. He wrote at the time that the Gox debacle “will be catastrophic for Bitcoin, both… Read more »

Defining The Digital Currency Professional

*+-Source: TechCrunch.com As new industries develop, new professions emerge. And when much is at stake and the industry is marked by an asymmetry of information between the layman and those in advisory roles, an organized process for defining and certifying those professionals is required. This process is critical for the success of the industry, as… Read more »

“What’s the Deal with Bitcoins?” Recorded into the Bitcoin Blockchain

Jack Tatar

*+-On February 17, 2015 at 1:01am EST, DCC Member Jack Tatar’s book, “What’s the Deal with Bitcoins?” was recorded in bitcoin block #343846. As we previously explained on our blog, this process irrefutably timestamps the existence of Mr. Tatar’s book (co-written with Ryan Lancelot) , with potential implications for copyright and IP management. “What’s the… Read more »

New York’s BitLicense: A Primer (Part 2)

Samuel Brylski - Headshot[1] copy

*+-In Part 1 of this series, I discussed the purpose of the BitLicense regulation and the scope of the requirement to obtain a BitLicense. In this article, I will outline the major obligations a BitLicense imposes on the Licensee. In the third and final article of this series, I will discuss the requirement to report… Read more »

The Blockchain and Mobile Money for Agriculture in Developing Countries?

Lee Babcock300

*+-Many compare the emergence of the decentralized blockchain payments system to the emergence of the internet. While there were those who predicted the collapse of the internet there have been others who predict the collapse of the world’s first decentralized payments infrastructure. Fortunately, there has not been any US federal crackdown but instead a cautious… Read more »

New York’s BitLicense: A Primer (Part 1)

Samuel Brylski - Headshot[1] copy

*+-On February 4, 2015, the New York State Department of Financial Services (NYDFS) released revisions to their proposed BitLicense regulation of virtual currencies. Though it will not be finalized until the end of an additional 30-day comment period at the earliest, this proposal is unlikely to undergo any more significant changes. This series of articles… Read more »