The license is has come in for intense criticism, in part because so few firms have been granted one.
Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York's cryptocurrency regulations at Consensus 2018.
Following Eric Schneiderman's abrupt resignation, the New York Attorney General's Office's "work continues," according to a spokesperson.
Maria Vullo highlighted the state's early involvement in cryptocurrency. But many think New York's BitLicense desperately needs an overhaul.
There's a new New York lawmaker on the scene and he wants to end a years-long policy that has held back crypto startups in the state.
Square is in the process of applying for a BitLicense in a bid to expand its Cash App's bitcoin option to New York residents.
Two New York state senators held a roundtable Friday on the controversial BitLicense regulation, and said legislation to reform it may come soon.
South Korea is considering adopting a system similar to New York's "BitLicense" for the regulation of cryptocurrency exchanges, a report states.
New York passed the BitLicense in a vacuum. Now state and federal laws are catching up, often with poor coordination, causing a compliance nightmare.
Benjamin Lawsky, the former regulator behind New York's BitLicense, warned that recent ICO excesses could bring a hammer down on the entire industry.