Marco Santori of Pillsbury Winthrop is a FinTech profession for companies regulating digital currencies and blockchain technology.
He is also a authority of a Bitcoin Foundation’s Regulatory Affairs Committee and author of CoinDesk’s array on bitcoin law (find parts 1, 2 and 3 here).
Not a singular month upheld in 2015 though some groundbreaking new growth in a universe of digital banking regulation.
I’ll count down some of a ones that have been many successful on my own practice.
10. New Jersey: The Digital Currency Jobs Creation Act
In June, a New Jersey Digital Currency Jobs Creation Act was introduced into a New Jersey Legislature. 2015 brought us a beginnings of several new state initiatives, though this check is a initial to offer both carrots and sticks to digital banking businesses.
The sticks are modest: Instead of requesting for a license, a digital banking business need usually register with a state. The Carrots are meaty: significant tax breaks and fast-tracked operational incentives. (In full disclosure, we was respected to be selected to draft a content of a Act).
As of this writing, a legislation is still being deliberate in a state.
9. Hong Kong: No Need for Bitcoin Regulation