Mark Mason
Well-known member
Cryptocurrency Regulations Becoming More Lenient Around the World
Both in New York state in the United States and in South Korea, regulations are becoming more lenient.
In New York, Square Cash, the payments app founded by Jack Dorsey, received the elusive Bitlicense from regulators. The Bitlicense was launched in 2015 and has since received numerous complaints from entrepreneurs for the burden that it places on innovation. This is only the seventh overall Bitlicense issued by the New York Department of Financial Services and the second Bitlicense in less than a week. The NYDFS says that they had to extensively review Square Cash’s “anti-money laundering, anti-fraud, capitalization, consumer protection, and cybersecurity policies.”
Read more: https://www.dashforcenews.com/cryptocurrency-regulations-becoming-more-lenient-around-the-world/
Both in New York state in the United States and in South Korea, regulations are becoming more lenient.
In New York, Square Cash, the payments app founded by Jack Dorsey, received the elusive Bitlicense from regulators. The Bitlicense was launched in 2015 and has since received numerous complaints from entrepreneurs for the burden that it places on innovation. This is only the seventh overall Bitlicense issued by the New York Department of Financial Services and the second Bitlicense in less than a week. The NYDFS says that they had to extensively review Square Cash’s “anti-money laundering, anti-fraud, capitalization, consumer protection, and cybersecurity policies.”
Read more: https://www.dashforcenews.com/cryptocurrency-regulations-becoming-more-lenient-around-the-world/
