Top NY Regulator Issues Final Rules for Bitcoin Licenses

June 3, 2015 5:38 PM

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New York state's chief financial regulator has issued final rules for companies dealing in bitcoin, a project bringing oversight to the virtual currency that has widened in popularity and moved into the commercial mainstream.

Benjamin Lawsky outlined the third and final version of the rules in remarks Wednesday at a financial industry conference in Washington. It was Lawsky's final speech as New York's superintendent of financial services. He's stepping down this month.

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