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RE: Circle's PoloniEX acquisition and meaning going forward

in #crypto7 years ago

That’s a great news. I hope this means a change to NY residents as well since I live here, this exchange is not allowed to accept New York residents because it lacks a state license to operate a cryptocurrency exchange. However some New York residents did get around it and had claimed that they lived elsewhere, so they were able to trade on Poloniex. Clearly, people can get around things like IP restrictions, and other restrictions, and people do it all the time.

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It is my understand that NY state is open to reconsidering the Bit license. the sooner the better surely for all of the residents there.