Statements (52)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
regulatory framework
|
| gptkbp:administeredBy |
gptkb:New_York_State_Department_of_Financial_Services
|
| gptkbp:appliesTo |
businesses dealing in virtual currencies
|
| gptkbp:compatibleWith |
individuals using virtual currency for personal use
|
| gptkbp:criticizedFor |
causing companies to leave New York
restricting innovation |
| https://www.w3.org/2000/01/rdf-schema#label |
BitLicense
|
| gptkbp:influenced |
other state cryptocurrency regulations
|
| gptkbp:introducedIn |
2015
|
| gptkbp:jurisdiction |
gptkb:New_York_State
|
| gptkbp:notableLicensees |
gptkb:Coinbase
gptkb:PayPal gptkb:public_square gptkb:Paxos gptkb:Bakkt gptkb:Gemini gptkb:Bitstamp gptkb:Circle gptkb:BitPay gptkb:Robinhood_Crypto |
| gptkbp:proposedBy |
gptkb:Benjamin_Lawsky
|
| gptkbp:regulates |
virtual currency activities
|
| gptkbp:relatedTo |
gptkb:cryptocurrency
cryptocurrency regulation |
| gptkbp:requires |
gptkb:security
privacy law recordkeeping annual reporting capital requirements AML compliance transaction monitoring consumer protection measures cybersecurity requirements suspicious activity reporting approval for new products or services background checks for applicants business continuity and disaster recovery plan compliance officer appointment customer identification program disclosure of material changes insurance or bond license for virtual currency business notification of criminal activity notification of insolvency notification of security breaches prohibition on commingling funds segregation of customer assets |
| gptkbp:subjectOf |
gptkb:media
gptkb:military industry criticism |
| gptkbp:bfsParent |
gptkb:Benjamin_Lawsky
|
| gptkbp:bfsLayer |
6
|