Last week, Ben Lawsky, the Superintendent of the New York Department of Financial Services (NYDFS), announced that the Department would be extending the public commenting period on its proposed BitLicense regulation by another 45 days. Previously, before the extension, the commenting period was set to last only 45 days, ending sometime in September.
OP-ED: Inadequate BitLicense Extension Proves Foundation"s Efforts Fruitless
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