We’ve received confirmation that the NYDFS BitLicense comment period will be extended.
DFS extending comment period for the Bitlicense reg an additional 45 days to October 21, 2014. http://t.co/VHP7TP4EXm #Bitcoin #BitLicense
— Ben Lawsky (@BenLawsky) August 21, 2014
The extension will allow for more comments to be submitted until October 21st and is seen by many in the cryptocurrency space as a small blessing to allow for more time for more in-depth comments to be submitted to the department.