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Monday, June 15, 2015

Company leaves New York, protesting 'BitLicense'

One company is suspending its services in New York, saying it needs to take a "moral and ethical stand" against a new state law regulating digital currency such as bitcoin.
ShapeShift, a digital currency exchange that doesn't require users to make accounts, announced Thursday it is pulling its service from New York state because it does not wish to comply with the recently issued BitLicense. That new law asks digital currency firms to, among other things, record some personal identifying information of its users. ShapeShift opposes that effort.


Company leaves New York, protesting 'BitLicense'

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