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Topic
Board Legal
Re: NYDFS Receives 22 BitLicense Applications! Is this helpful BTC in near future?
by
ashour
on 18/08/2015, 12:22:42 UTC
At least the majority of Bitcoin Companies are pulling out of New York because of BitLicesnse. The only problem is for those in New York who want to do stuff but can't because no Bitcoin Company will be in New York. They will be left behind in the dark ages  Sad
Most of the companies that leave NY just think that it is not worth it at all. If the Bitlicense costs around $100k and a company make $5k profit from NY user base than they will move out and cut costs.