Lawsky: BitLicense Will Be Finalized By End of May
New York's finalized BitLicense regulation is expected to be released by the end of May.
The NYDFS has officially adopted the BitLicense as of its publication in the New York State Register today.
With the passage of New York's final BitLicense proposal, CoinDesk seeks responses from the digital currency community on the law and its impact.
Ben Lawsky, the former New York Superintendent of Financial Services who spearheaded the BitLicense regulatory framework while in office, has joined startup Ripple's board of directors.
NYDFS superintendent Benjamin Lawsky released details of the final Bitlicense today, following a two-year inquiry by the New York regulator.
A new report suggests Benjamin M Lawsky will seek to advise clients on matters relating to digital currency when he leaves office in late June.