One of the most worrying aspects of the BitLicense regulatory framework is the exodus of Bitcoin companies in the New York State area. Over the past few weeks, it has become quite clear that companies deciding to be compliant with BitLicense might face some serious backlash from its users. For those of you who are wondering which companies are actively pursuing a BitLicense, the following short list will give you an idea.
(SACRAMENTO – September 10, 2014) – The BitGive Foundation has met two major milestones just weeks after announcing its official approval from the IRS. The Foundation has raised over $11,000 for The Water Project, an organization working to bring clean, safe water to communities in sub-Saharan Africa. This is the second major campaign the Foundation has led in the past year and has proven to be a big success. The President of The Water Project says he has a community in mind for the funds in Kenya. The Water Project builds and repairs water wells for communities and schools across sub-Saharan Africa.