She added that the country is more open to blockchain applications and
businesses than digital currencies.
«There's nothing that's more impactful to
our business than digital currency and everything that's happening in cryptocurrency — and the tech behind it.
Not exact matches
Something a bit less sexy
than its flashy name suggests: it's the set of regulations that will govern
digital currency businesses operating in New York State.
In August, a slew of bitcoin companies cut off service to New York rather
than apply for a BitLicense, the regulatory hall - pass created by the NYDFS to cover
digital -
currency business deemed «money transmitters.»
For instance, Liberty Reserve «s CTO was operating an unlicensed money transmitting
business which processed more
than $ 16 billion through the firm's
digital currency system.
Visa is a global payments technology company that connects consumers,
businesses, financial institutions and governments in more
than 200 countries and territories to fast, secure and reliable
digital currency.
But Roszak contends Vulcan is best considered as an «enablement platform» that would provide
businesses with a «plug and play» way to launch
digital currencies (rather
than their own standalone blockchains).
The report cited money service
businesses, cash couriering, and even abuse of charitable organizations as higher risks for terrorist financing
than digital currencies.
Rather
than going after more mainstream merchants, Holmquist has shifted focus, positioning the event to attract
businesses more likely to win heavy users of the
digital currency.