ShapeShift, a popular cryptocurrency exchange based in Switzerland,
terminated its services in New York today,
due to the states BitLicense regulations for digital currencies - Erik Voorhees, Shapeshift Founder and CEO says.
This makes no sense - the law is not supporting business which would pay taxes, but to the contrary makes it leave the country - isn't it stupid?
wall street cannot leave newyork. so when they get in on bitcoin, then the licence fee's will make many NY state representatives very rich.. and they wont care about the little guy that has to move out of state..
remember, the rich only think about the rich