Lawsky Walks Back From Original Bitlicense

There are reports that Ben Lawsky of the New York Department of Financial Services is walking back from this original Bitlicense proposal which would have effectively excised New York State from the world of Bitcoin, while still advancing a weaker version of the proposal which would have a similar effect. The rumors that he is offering a weaker version are based upon the contents of a speech he delivered today, though the actual text of his regulatory proposal is still unavailable.

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