Despite the obvious stress and uncertainty created by the still evolving BitLicense regulatory situation, one positive that has come out of the process has been the public dialogue throughout the lawmaking process. As we’ve covered previously, the New York Department of Financial Services (NYDFS) has taken an open approach to this lawmaking exercise, soliciting feedback and input from crypto-currency entrepreneurs and investors, large retailers, financial services companies, law enforcement, and other regulatory bodies.
Earlier today, the NYDFS published the more than 3,700 comments it received over the last four-and-a-half-months. Many, including those by prominent bitcoin organizations like the Bitcoin Foundation, BitPay, Circle, Coinbase, Xapo, Ripple Labs, BTC China, Boost VC and others, have already been published by the companies themselves.
But today, for the first time, we get a look into the thoughts and concerns of a Walmart, Amazon, and Western Union, that seemingly have nothing to do with virtual currencies..
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