Federal Government is allowing states such as New York to set laws regulating the trade of Crypto Currencies by providing Licensure requirements above and beyond the means of the common man.
Crypto currencies are a digital anonymous currency traded by individuals who want their privacy. The government is taking away our right to privacy when trading Crypto Currencies by asking for such documentation when applying for a license.
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Audited financial statements of the applicant business and any subsidiaries.
Personal financial records of all directors, principal officers.
Marital, divorce and familial records, including names of dependents of Control Persons.
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Crypto Currencies have no ruling Federal or state Government and should remain that way.
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