So far Mobile Bitcoin Wallet Providers aren’t affected by BitLicense – Bitcoints

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Published on August 18th, 2015 | by bitcoin

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So far Mobile Bitcoin Wallet Providers aren’t affected by BitLicense

So far Mobile Bitcoin Wallet Providers aren’t affected by BitLicenseOne of the few major Bitcoin companies completely unaffected by this regulatory measure is Bitcoin wallet provider Airbitz.
Mobile Bitcoin Wallet Providers Not Affected By BitLicense (For Now)
The main concern regarding New York state’s BitLicense regulation is whether or not individual users or companies are forced to apply for a BitLicense themselves.
One type of Bitcoin business that remains unaffected by these types of regulatory requirements are mobile Bitcoin wallet providers.
New York citizens can keep on using the Airbitz mobile Bitcoin wallet without any issues, as it doesn’t matter where the users are located.
Otherwise, every individual Bitcoin seller in that area would have to apply for a bitLicense, which is simply unacceptable.

Source: Digitalmoneytimes.com

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