Aug 282014
 
The Tactics of the BitLicense

“We’re not the kind of agency that thinks we have a monopoly on the truth and that we’re always right. We feel strongly about a lot of the provisions in the proposed regulations, but we get that there might be things we can improve.”  –Benjamin Lawsky Shortly following the proposed BitLicense, a significant portion of the bitcoin community wrote and signed a letter to the New York Department of Financial Services, pleading for an extension. […]

Aug 132014
 
Hands off Bitcoin: Model Legislation

The New York Department of Financial Services (NYDFS) last month rolled out a proposal to regulate “virtual currency businesses” worldwide if the company had at least one customer within the Empire State. In response, the Intergalactic Bit License was created, with Davi Barker stating, “we can laminate stuff, too.” Also in response to this proposal came model legislation – I know, not something you’re used to seeing on BNB. Though drafted specifically to be introduced in the […]

Aug 072014
 
Intergalactic BitLicense; We can laminate stuff too!

Bitcoin Not Bombs is getting compliant and now so can you! After seeing a market demand for compliance and BitLicenses, Bitcoin Not Bombs has opened up shop on New New York, Mars as BitLicenseLLC and is now issuing Intergalactic BitLicenses. We’re all wracked with anticipation as benevolent regulators devise new ways to protect us. So, we wanted our licenses to cover the broadest geographic area possible to ensure that you feel safe and compliant no […]