[2014-08-17] Circle: BitLicense Would Force Us to Block New York Customers

[erono]

http://www.coindesk.com/circle-bitlicense-block-new-york-customers/

Two top Circle executives have issued strong critiques of New York’s proposed bitcoin regulations.

In a new blog post, Circle CEO Jeremy Allaire says that the Boston-based bitcoin startup would move to block New York customers from using its service should the BitLicense proposal become law. His statement was echoed in a companion piece by company CTO Sean Neville.

[Daltonik]

I'll pick up the thread. The SEC has initiated an investigation into Circle.  The company first reported interest from the regulator in August, but the information went unnoticed.
According to the new S-4 Form, in July 2021 Circle received a summons demanding to provide documents and information regarding certain assets, client programs and operations. https://www.sec.gov/Archives/edgar/data/1876042/000110465921122565/tm2124445-1_s4a.htm

[InvoKing]

I'll pick up the thread. The SEC has initiated an investigation into Circle.  The company first reported interest from the regulator in August, but the information went unnoticed.
According to the new S-4 Form, in July 2021 Circle received a summons demanding to provide documents and information regarding certain assets, client programs and operations. https://www.sec.gov/Archives/edgar/data/1876042/000110465921122565/tm2124445-1_s4a.htm

You can create another topic and redirect it to this very old one rather than necro bumping it. What's wrong with you people in this section? Ognasty bumping also another 2015 topic

[Woodie]

Regulation is indeed a two sided sword, it can either help build the crypto ecosystem or break it and in this case I see the long arm of regulation which was thought to help crypto grow doing the opposite... instead it looks like its breaking it and bring all progress that has been made over the years.
Cryptocurrencies in the first instance were built to break the walls of such control and give us the freedom but now this is slowing coming back.