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Ben Lawsky, who now works for Ripple, authored the New York Bitlicense

Here’s one: Ben Lawsky, who now works for Ripple, authored the New York Bitlicense, which is why most exchanges don’t service people in the state of New York. It makes doing business in the state far too costly and burdensome for a startup or small business. Shortly after that went into effect, Ripple hired Ben.

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