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A comment on Bitcoin Exchange Receives First License in New York State. Parent comment

Re:Bitcoin Exchange Receives First License in New York State by reviseddamage on Thursday May 07, 2015 @03:06PM (#9507480)
It is neither, it is a Trust Company charter.
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Re:Bitcoin Exchange Receives First License in New York State by thinkcomp on Thursday May 07, 2015 @03:11PM (#9507510)
...which is odd because according to FinCEN (the federal government) Bitcoin exchanges are money transmitters. But a money transmitter could be any company so maybe it's not so odd.

These laws are an absolute mess is the lesson here.

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Re:Bitcoin Exchange Receives First License in New York State by reviseddamage on Thursday May 07, 2015 @03:48PM (#9507778)
someone has to develop at the federal level a "kernel" for financial institutions.

i can dream, can't i?

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