Bitcoin Foundation Calls for Access to Research Behind BitLicense

"The Bitcoin Foundation has again commented on the ‘BitLicense’ proposal put forth by the New York State Department of Financial Services (NYDFS) to regulate bitcoin businesses in the state. In a statement released today, the foundation highlights the need for public access to the 'extensive research and analysis' cited by the NYDFS when the BitLicense was first proposed. This data, it says, is essential to examine the rationale used by the NYDFS in substantiating its regulatory proposal. The foundation further points out that the NYDFS has failed to produce these materials. Despite an initial promise to publish by 20th October 2014, the NYDFS has since delayed the delivery of its research until December ..."