Amazon, Walmart and Western Union BitLicense Remarks Disclosed in NYDFS Release

The New york city Department of Financial Services (NYDFS) made all the more than 3,700 comments it got concerning its BitLicense proposition readily available to the public today, a move that provides new understanding into the organisations and individuals that have actually taken an interest in the proposed regulation.

Perhaps most significantly, the complete release included submissions from some of the biggest businesses in the United States, including e-commerce giant Amazon, retail juggernaut Walmart and worldwide remittance specialist Western Union.

The filings suggest that the BitLicense is being interpreted broadly by the legal reps of these business, which greater clarity is required by the NYDFS to indicate the entities and monetary products covered under the measure.Continue reading at CoinDesk CoinDesk

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