Why does NYS suck so hard?

just use a vpn..

>>2833553
Try asking for Mommy's permission so you can buy BTC?

>>2833553
New York is commie infested shithole you should bail

>>2833553
Does this apply to individuals looking to only invest their own money?

How about mining?

>>2833581
Looking to grab like 2 of em, >10,000 fag but stfu - you dont have a lambo either moonrock miner

File: 4.jpg (39KB, 600x600px) Image search: [Google]

39KB, 600x600px

>in NY completely oblivious of this law
is this specifically for bitcoin? im o-only trading eth

>>2834209
Your fucked m8

Van in coming. I just turned you in for 100k

>>2834209
Just sent 100k tips to the cops. Cya anon.

>>2834209
Its all virtual currencies. You might still be safe. I can't find anything that says that an individual trading with his own money is regulated under it. I think its mostly for businesses providing trading services like brokering. But I don't know for sure. Call a lawyer if you're worried.

>>2834227
nice I just left 100k hours ago

seriously thought im googling this shit out of it rn
if u know let me know

>>2833565
man that will come back to bite you in the ass a few years down the road. the gov will eventually go after people, and you cant erase your blockchain history

I think I'm safe.. looks like the regulations target the crypto exchanges

Exempt
 Merchants or consumers that utilize virtual
currency solely for the purchase or sale of
goods or services, or solely for investment
purposes
 The development and dissemination of
software in and of itself *
 Superintendent Lawsky has consistently
reiterated that BitLicense is aimed at
“regulating financial intermediaries . . . not
regulating software development.”

Does Not Include
 Consumers that mine,
buy or earn as salary
virtual currencies, and (i)
hold those virtual
currencies for investment
or (ii) use them to
purchase goods or
services
 Miners
 Developers that merely
program and release
software for
decentralized currencies
that are not centrally
administered
 Document notarization
services that uses a
nominal amount of
bitcoin

Jews.

>>2834347
Dude, you need to check out the legislation from 2015. You have to go to an exchange plaza or virtual ATM designated for trading.

>>2834209
https://www.ethnews.com/new-york-coinbase-users-can-now-trade-ether

ETH and LTC are legal due to it being a contract based currency; - - essentially. Np there anon.

>>2834529
^This post is OP.... still looking for LEGAL VERIFIED ways to trade... 3rd parties suck.

>>2834239

I have heard its best to "move to jurshey"

AKA P.O. Box in Jersey and your golden with Coinbase IIRC

>>2834446
>You have to go to an exchange plaza or virtual ATM designated for trading.
where do you read this? I've read through 5 articles don't know how recent and the law itself and it targets specifically the transaction businesses

>>2834791
https://www.cryptocoinsnews.com/final-new-york-bitcoin-regulation-released-bitlicense/

The most recent delegation.

Im checking into Coindesk and Coinwall... might have a way around it... Keep this thread going, NYS is so forwardly backwards a state, always posting regulations to keep the rich from bad trades, who can afford backdoors and lawyers from trading - that they shut out the middle class!!!

>>2834833
The article says literally nothing like what you just said are you high

>>2833553
>mfw I'm living in NY but a PA citizen

NY's crypto laws do suck big donkey dick tho I feel bad for ya bruh. Start tumbling those fuckers

Because of (((Wall Street))).

>>2834901
If you read the entire 5 paragraphs, it states you require a license to free trade BTC

>>2834927
No it says you need a license for operating a business which transmits cryptocurrency for fiat or fiat for crypto, quote or youre full of shit

>>2834948
Even if it is just exchanges that need to be licensed, it's still damning. You're limited to the 3 exchanges that have licenses and if they don't do a currency you want to trade in, too damn bad.

>>2834979
I guess, I used coinbase as my first choice which luckily had a Bitlicense for NYS. They sold BTC ETH and LTC. But as long as I can invest freely which is an exception in what they call "Virtual Currency Business Activity" (the illegal thing), I'm fine.

> Merchants or consumers that utilize virtual
currency solely for the purchase or sale of
goods or services, or solely for investment
purposes