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Home Cryptocurrency news

Ben Lawsky to Talk Regulating Digital Currency at Law School

newsbtc by newsbtc
7 years ago
in Cryptocurrency news
Reading Time: 1min read
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Benjamin Lawsky, Superintendent of the New York Department of Financial Services (NYDFS), is slated to appear at the Benjamin N. Cardozo School of Law to discuss bitcoin on October 14th, according to this event page.

The title of the ‘Tech Talk’ is Regulating Digital Currency: BitLicense and the Internet of Value, and Lawsky is perhaps one of the better-suited individuals working for the government that can speak on the topic.

Lawsky’s NYDFS currently has a proposal out right now for BitLicense scheme, which requires companies working in the digital currency industry in the State of New York to comply with certain regulations.

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That proposal is currently in a commenting period.

New York State NYDFS Logo

Lawsky has faced considerable criticism from the bitcoin community for the proposal, which a number of entities have suggested will stifle innovation in the crypto-currency sector in the state.

Still, Lawsky is adamant that the regulations are a good first step in responsibly regulating bitcoin, and he’s said he wants to do it right (New York is the first such state to establish such regulations).

This isn’t the first event that Lawsky is scheduled to speak at. Just a week ago it was noted that he is expected to appear at the Money 20/20 conference in order to deliver a keynote address.

Tags: benlawskycardozoFeaturedNewsnydfs
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