Circle Submits Comments to NYDFS on Proposed BitLicense

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Use stablecoin digital payments to send and receive funds globally.

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Store funds securely and grow your business on-chain.

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Access Liquidity

Get near-instant access to USDC and Euro Coin, straight from the source.

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Work with a suite of Web3 developer tools designed to make building on blockchain easy.

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Policy
Circle Submits Comments to NYDFS on Proposed BitLicense

Circle Submits Comments to NYDFS on Proposed BitLicense

Policy

This morning, our General Counsel and Chief Compliance Officer, John Beccia, submitted our official comments on the proposed rule issued by the New York Department of Financial Services to regulate the conduct of virtual currency business in the state of New York.
Please see our full comments (pdf).
Our CEO & Co-Founder Jeremy Allaire voiced his opinion on the BitLicense a few months ago, as did our CTO & Co-Founder Sean Neville.

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