The Official Blog of Circle and USDC

Circle Submits Comments to NYDFS on Proposed BitLicense

Written by Team Circle | August 13, 2014

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.