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On Tuesday, former New York Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky responded to criticism from the Bitcoin community that he may have drummed up consulting work for himself by issuing controversial rules for digital currency companies –...

Benjamin Lawsky, the outgoing superintendent of the New York Department of Financial Services, announced Wednesday the release of the department’s final BitLicense, which is a framework for regulating digital currency companies. As the Wall Street Journal reported, the BitLicense...

New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky announced Thursday his department has granted a charter under the New York Banking Law to itBit Trust Company, LLC – a commercial Bitcoin exchange based in New York City. The company is the...

Coinbase said Monday it had opened the first regulated Bitcoin exchange in several US states, including New York. But a spokesman for New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky said Coinbase did not have the licenses necessary to...

On December 18, Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), announced revisions to the proposed special banking license – known as BitLicense – that his department introduced in the summer to regulate cryptocurrency. In a speech...

In a speech a few nights ago at Cardozo law school, Benjamin Lawsky, superintendent of the NYDFS and official most directly responsible for the proposed “BitLicense” regulation that we’ve written about previously, did his best to dispel concerns about the upcoming regulations....

Benjamin Lawsky, Superintendent of the New York State Department of Financial Services (NYDFS), announced Tuesday evening several changes he will make to the proposed special banking license – known as BitLicense – that his department introduced in July to regulate digital...

Benjamin Lawsky, the superintendent of New York’s Department of Financial Services, has said that MtGox’s demise will strengthen Bitcoin in the end. Lawsky has also proposed BitLicense, a method of regulating Bitcoin companies. Lawsky told Reuters, “It’s on the one...