Post
Topic
Board Bitcoin Discussion
Re: New York’s New Bitcoin Rules Are Going to Kill Its Startups
by
serje
on 19/07/2014, 19:06:38 UTC
New York’s New Bitcoin Rules Are Going to Kill Its Startups

http://www.wired.com/2014/07/ny_bitcoin/

So, if a company is headquartered out of another state, do they not need to follow these proposed regulations?
Or, is it any company operating a business that does bitcoin transactions (sends their products, sells their app, etc) in New York, regardless of where they are headquartered, required to follow these regulations?

Normal logic says only those who resides in NY .... but who know how the hell they will change the rules ....

There is also a danger that other states follow the NY model. It won't affect regular users much but it raises serious entry barriers for exchanges to do business with NY residents.

well west was always different than east .... just go to cali and there you can live only with BTC Smiley