*tongue lashing snipped*
Here's the thing. Honeybadger don't care. NYCDFS can try to regulate all they want, their intention is to set folks up to fail. These regulations aren't about protecting the consumer, they're about protecting the status quo of failure. What they don't realise is that only the dumb businesses will try to comply without an exit strategy. The rest will decentralize.
The regulations seem to be pointed at exchanges, not at businesses that accept bitcoin, nor at people that use bitcoin.
It appears the regulations are to prevent money laundering at the exchange level.