A good article listing several major financial firms recommendations on regulations of digital currency in the UK, including Silicon Valley Bank. Currently the UK is very friendly to Digital Currency. I agree that some regulation is required, however it’s obvious that the major financial institutions are more interested in maintaining their financial monopolies at all […]
BitLicense Non-Refundable $5000 Fee
Here’s a good post pointing out some of the shortcomings of the New York BitLicense… like the non-refundable $5000 application fee. Kind of locks out startups… which is the point, and why we need to build a Digital Currency Alliance with deep pockets. http://digitalmoneytimes.com/crypto-news/bitlicense-is-an-example-of-why-bitcoin-regulation-needs-to-be-worked-on/ Fred