In revising the first draft of its Virtual Currency Regulatory Framework the New York Department of Financial Services has shown a willingness to embrace challenge that should be celebrated. We welcome this second opportunity to comment in the hopes that some further adjustments may ensure that New York State becomes a leader in the financial technology of the future.
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Based in Washington, D.C., Coin Center is the leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency and decentralized computing technologies like Bitcoin and Ethereum. Our mission is to build a better understanding of these technologies and to promote a regulatory climate that preserves the freedom to innovate using permissionless blockchain technologies.