pmlaw / BitLicense

This is a public version of New York's proposed BitLicense for digital currencies including bitcoin.
Apache License 2.0
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Onerous capital and ID requirement for wallet providers or anything with a wallet in it. #6

Open thang2162 opened 10 years ago

thang2162 commented 10 years ago

The 1 to 1 capital requirements and requirements that the identities of the sender of an amount of crypto must be known are too tough to be complied with. If not revised it going to make it impossible for wallet providers and innovations such as the Dogecoin mmo voidspace (http://steamcommunity.com/sharedfiles/filedetails/?id=269740803) to operate.