A new report from Wedbush Securities suggests the price of bitcoin will continue to be volatile – but adds that this is necessary for the market’s growth and maturity. Entitled Embracing Volatility: Trading as Bitcoin’s First Killer App, the latest report from the financial services firm concludes that fluctuations in bitcoin’s price, far from harming the [Read More...]
New York Extends Comment Period for BitLicense Proposal
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Ben Lawsky: New York Can’t Risk Getting Bitcoin Regulation Wrong
The New York Department of Financial Services (NYDFS) announced today it would extend the comment period for its proposed bitcoin regulations by 45 days, citing significant public interest in the rules as a key reason behind the decision. In a new interview with CoinDesk, NYDFS superintendent Benjamin M Lawsky opened up about the [Read More...]