The New York State Department of Financial Services (NYDFS) yesterday released the third and final revisions to its BitLicense legislation. The updates are aimed at improving functionality within the industry and making sure businesses are compliant without stifling innovation. Two previous versions of the regulations received much criticism and the third is no different. Here are some Bitcoin community reactions to the updated NY BitLicense: Jesse Powell, co-founder and CEO, Kraken: “The heavy compliance costs on digital currency exchanges will make it much more difficult to operate a profitable exchange in the state. Many fear it will stifle innovation in …

Perianne Boring is the president of the Digital Chamber of Commerce. The chamber will be hosting an Anti-Money Laundering Boot Camp at the North American Bitcoin Conference 2015 in Miami on January 16 and 17. Boring took time from her schedule to speak with Cointelegraph about the boot camp and the importance of compliance with AML regulations for companies in the Bitcoin industry. “[We want] to bring ... costs down and significantly accelerate a company’s understanding of AML compliance.” Cointelegraph: Please tell us where the idea came from to offer an anti-money laundering boot camp. What was your inspiration? Perianne …

Note: Some minor corrections were made to this article shortly after publishing, further clarifying that the volunteers were not lobbying Congressional Members. The newly established Chamber of Digital Commerce descended on Washington D.C. on Friday with volunteers coming in from as far away as Texas and Florida. They handed out information to every Congressional Office on the hill, making sure that every member of Congress at least has had the opportunity to learn about Bitcoin and digital currencies. Full Disclosure: I attended the event as a participant. With 535 voting members of Congress, there was a lot of ground to …

Perianne Boring graduated from the University of Florida during the height of the latest round of economic downturn and saw the results first hand in her native Lakeland. Since that time she has worked as a Congressional financial analyst and free market advocate and has written extensively on macroeconomics and consumer finance. Perianne also runs a popular personal blog called the Boring Bitcoin Report. Ms. Boring is a firm believer that cryptocurrency technologies have the potential to correct many of the problems inherent in a centralized economic system. Cointelegraph: What are the immediate general objectives of the Association? Perianne Boring: …

Organizers of the second North American Bitcoin Conference expect a big turnout for what they describe as “the most community-oriented TNABC yet.” This TNABC will be held in Chicago the weekend of July 19–20, and organizers recently announced that the Hotel Chicago will host the event. “The Official kick-off party will take place in the iconic House of Blues, which will be the best location of the year to meet the movers and shakers of the Bitcoin industry,” organizers said in a release. Organizers say that more than 2,000 people are expected for the conference, and they are trying to …