Alan Avery

Alan Avery

Latham & Watkins LLP

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Virtual Currencies: New York State Department of Financial Services Releases Proposed Regulations

As the first of their kind, the proposed regulations may add legitimacy to virtual currencies, but the new regulatory regime could stifle innovation and development. On July 23, 2014, the New York State Department of...more

8/1/2014  /  Banking Sector , Bitcoin , Cryptocurrency , Department of Financial Services , Federal Reserve , Innovation , Licensing Rules , Proposed Regulation , Public Comment , Virtual Currency
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