The New York Department of Financial Services (NYDFS) made all of the more than 3,700 comments it received regarding its BitLicense proposal available to the general public today, a move that provides new insight into the organisations and individuals that have taken an interest in the proposed regulation.
Perhaps most notably, the full release included submissions from some of the largest businesses in the US, including e-commerce giant Amazon, retail juggernaut Walmart and global remittance specialist Western Union.
The filings suggest that the BitLicense is being interpreted broadly by the legal representatives of these companies, and that greater clarity is needed by the NYDFS to indicate the entities and financial products covered under the measure.
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