NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Chamber Digital Commerce Urge Submit Comment Proposed NYDFS Regulation

newsbtc
newsbtc
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Perianne Boring’s Chamber of Digital Commerce was recently announced at the North American Bitcoin Conference, and already they’re issuing a call-to-action to companies and members of the cryptocurrency industry.

In a Wednesday statement, the Chamber issued a statement in which they called the proposed New York State Department of Financial Services (NYDFS) bitcoin regulations “severely debilitating” to the cryptocurrency industry as we know it.

From Wednesday’s statement:

[blockquote style=”2″]Despite Ben Lawsky’s claims that these proposed regulations are intended to be guardrails to “protect consumers and root out illegal activity – without stifling beneficial innovation” these rules could potential crush the Bitcoin industry in New York and stifle jobs, investment, and innovation. The Digital Chamber agrees that we need guardrails in these areas, but these proposed regulations are onerous and in many cases simply misplaced, potentially seriously injuring legitimate applications of this valuable emerging area.[/blockquote]

Chamber of digital commerce smallThe NYDFS is allowing the public to comment on the proposed regulations for a period of forty-five days, after which they are expected to re-review their proposal and make appropriate amends.

Ms. Boring, President of the Chamber, isn’t quite pleased with the short time frame.

“One egregious aspect is that the NYDFS is only giving 45 days to comment, which is severely inadequate to proposed regulations of this scope,” she said in a press statement.

As such, the Chamber of Digital Commerce is asking members of the bitcoin community to be sure to submit their comments to the NYDFS — something that can be done at the New York State Register [link].

The Chamber of Digital Commerce was designed to promote bitcoin among businesses, lawmakers, regulators, policy-makers, and of course, the general public.

For more information on the Chamber, visit DigitalChamber.org.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 1

  1. Potcoin Fan says:
    11 years ago

    BITCOIN IN THE BELTWAY: “REGULATION DOESN’T F@%KING WORK” Andreas M. Antonopoulos

    idk gonna be a long 18 months…

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 1

  1. Potcoin Fan says:
    11 years ago

    BITCOIN IN THE BELTWAY: “REGULATION DOESN’T F@%KING WORK” Andreas M. Antonopoulos

    idk gonna be a long 18 months…

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Altcoins, alt season, crypto, Tron, SUI, Polygon

SUI Eyes 140% Move As Price Reclaims $4 – New ATH Imminent?

SUI is attempting to reclaim a crucial resistance level after its massive performance over the past few weeks. As it...

Rubmar Garcia 1 hour ago
Crypto news Jerome Powell firing

Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

A single-word reply on X from Rep. Anna Paulina Luna (R‑FL) — “Confirmed” — rocketed through the crypto markets early Wednesday, convincing a...

Jake Simmons 1 hour ago
비트코인 하이퍼, 프리세일서 250만 달러 유치… BTC 레이어 2모멘텀 가속

비트코인 하이퍼, 프리세일서 250만 달러 유치… BTC 레이어 2모멘텀 가속

비트코인이 12만 달러를 돌파하며 투자 심리 회복을 강하게 시사하고 있다. 자본이 비트코인을 넘어 알트코인으로 이동하면서 알트코인에 대한 관심도 급증하고 있다. 특히 상승장에 폭발...

Soyeon Lee 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Falls Below $117,000 Amid $3.5 Billion Profit-Taking Frenzy

Keshav Verma 15 minutes ago

Mercado Bitcoin doubles down on RWA, experts discuss what this means for the future of tokenized finance

NewsBTC 27 minutes ago
Bitcoin má nové ATH.

Bitcoin překonává hranici 120 000 dolarů, jaké coiny s ním rostou nejvíce?

Lenka Hanzlíková 38 minutes ago

Premium Sponsors

Press Releases

  • MEXC Research Report Unveils 2025 ROI Benchmarks and...

    12 minutes ago
  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    11 hours ago
  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    17 hours ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    17 hours ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    17 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.