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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 Deal with Bitcoins?” is one of the first books to be recorded into the bitcoin blockchain, and anyone can verify the transaction.

Jack is the CEO of GEM Research Solutions, and a DCC Certified Professional. We were fortunate to recently catch up with him and get his thoughts on where Bitcoin and digital currencies are going, why he’s known as “America’s Safe Retirement Coach”, and the significance of hashing his book into the bitcoin blockchain. The full interview appears below:

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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 any material change to a licensed business’ services, the application cost and process, and provide concluding remarks on this regulatory framework.

According to Section 200.7, each Licensee’s board of directors must approve written compliance policies, designed and enforced by a responsible compliance officer, with respect to anti-fraud, anti-money laundering, cyber security, privacy, and information security. The following sections will briefly discuss each specific requirement.

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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 consideration of the potential to move beyond the 500+ year old, obsolete framework of our global, centralized payments system.

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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 will attempt to break down in full the details of the BitLicense, beginning with its purpose and scope. In future articles, I will discuss additional highlights of the BitLicense proposal, such as the application process and costs, information and record keeping obligations, and cybersecurity requirements.

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Samuel Brylski - Headshot[1] copy

Since Bitcoin’s inception, regulatory risk has been a major limiting factor in the industry’s development. As larger players enter the arena, regulators across the US are feeling increased pressure to clarify their stance on the technology.

On February 4, the New York State Department of Financial Services (NYDFS) released yet another revised version of their BitLicense proposal. The BitLicense contains consumer protection, anti-money laundering compliance, and cyber security rules tailored for digital currency firms operating in the state of New York. It was initially announced in July of 2014 and widely expected to become finalized by the end of the year. The recent revisions will set off another 30-day comment period.

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Dan Mcardle

Yesterday evening, Ryan Selkis moderated a discussion with Michael Casey and Paul Vigna, about their new book, The Age of Cryptocurrency, at the Bitcoin Center in New York. I attended the event and, while it was taking place, embedded the existence of the book onto the Bitcoin blockchain. Many people came up to me afterwards wanting to know more about the technical aspects of the process, so I figured it’d be a good idea to elaborate here.

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David Namdar

As part of the Digital Currency Council’s Continuing Educationpartnership with Inside Bitcoins, the DCC’s Director of Curriculum, Dan McArdle, has had the opportunity to interview the thought leaders that will be speaking at Inside Bitcoins Singapore on January 29-30. Today, we share insights from David Namdar, Founder and Head of Trading at SolidX Partners.

Dan: Tell us a little about your background in Bitcoin and Digital Currencies, and how and why you got involved?

David: I first encountered Bitcoin in 2010, when I saw some online chatter about this new digital money. At the time, it was trading around 32 cents. I tried to find ways to get some Bitcoin for free online, but the thought of actually buying any of the digital money didn’t cross my mind. It popped back on my radar in mid-2011, during Bitcoin’s run up to $30; it was touted as the world’s fastest gaining currency. That was when I started to see the possibility of fiat money losing its credibility and the appeal of a digital currency with limited supply and no central bank.

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Luis

As part of the Digital Currency Council’s Continuing Education partnership with Inside Bitcoins, the DCC’s Director of Curriculum, Dan McArdle, has had the opportunity to interview the thought leaders that will be speaking at Inside Bitcoins Singapore on January 29-30. Today, we share insights from Luis Buenaventura, Head of Product for Satoshi Citadel Industries and Co-Founder of Rebit.ph.

Dan: Tell us a little about your background in Bitcoin and Digital Currencies, and how and why you got involved?

Luis: I’ve been a tech entrepreneur here in the Philippines for about 8 years now, and have founded a variety of startups — social networks, ecommerce platforms, marketplaces, webpage builders. Bitcoin is the first time I’ve felt that living and working in the Philippines wasnt a distinct disadvantage in the highly competitive, western-centric startup world, because the technology allows us to attack problems that are specific (or at the very least, more pronounced) to us. Specifically, the Philippines is the third largest receiver of remittances in the world, and we’re in a great position to disrupt that market with Bitcoin.

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