Universal BitLicense Declaration on Virtual Currency & Human Rights

Thu Dec 15 18:09:50 PST 2022

On Sun, Jan 23, 2022, 7:15 AM Gunnar Larson <g at xny.io> wrote:

> Dear Madam Acting Superintendent:
>
> Reflecting this week, Ripple once again
> <https://www.law.com/radar/card/ripple-legal-chief-accuses-sec-of-playing-delay-card-390-76781/>
> shares concerning comments and approaches to respecting their Bitlicense
> award. Even more, many experts are concerned
> <https://www.bloomberg.com/news/articles/2021-12-17/nyc-miami-seen-facing-ponzi-scheme-risks-with-crypto-push>
> about MIA Coin and resulting NYCCoin disasters.
>
> Madam Acting Superintendent, on August 4, 2020 as part of our Conditional
> BitLicense application we submitted a draft of the Universal BitLicense
> Declaration on Virtual Currency & Human Rights.
>
>    - Today this memo is to re-new our obvious approach to virtual
>    currency innovation in New York. Together under your leadership, we
>    should be leading the world in the principles of modern cross-border
>    BitLicense logic.
>    - Madam Acting Superintendent, this type of stuff matters. The
>    Deceleration aims to level the playing field for all and impacts the future
>    of women and girls with respect to financial inclusion.
>    - At the very least, New York and your office should be embracing such
>    thoughtful approaches to support future generations and protect virtual
>    currency from market manipulation. Madam Acting Superintendent, we implore
>    that if some version of the Declaration was enacted in 2020, the world
>    would be a better place today.
>
> Kindly find a copy of the Universal BitLicense Declaration on Virtual
> Currency & Human Rights
> <https://thecapital.io/article/universal-bitlicense-declaration-on-virtual-currency--human-rights--MLDeYGL8igYxkY8tBJ4>
> below. We will be in contact with your office this coming week to engage in
> dialogue on the Declaration's feasibility forward.
>
> Very respectfully yours,
>
> Gunnar Larson
>
>
> *WE THE PEOPLE OF NEW YORK DETERMINED*
>
>    - to pioneer noble advancement of BitLicence theory and regulation,
>    whereas it is essential to safeguard virtual currency and its potential to
>    galvanize international, economic and social advancement of all peoples, and
>    - to ensure clarity, principally New Yorkâ€™s BitLicence being the
>    preeminent institution with mandate of ensuring that virtual currency
>    manipulation (of any sort) shall not burden the common global interest of
>    humanity, and that human rights are protected in the jurisdiction of New
>    York for all peoples
>
> *AND FOR THESE ENDS*
>
>    - to save succeeding generations from financial fraud and corruption,
>    which in our lifetime has brought untold sorrow to humanity, and
>    - to reaffirm New Yorkâ€™s faith in fundamental human rights, in the
>    dignity and worth of the human person, in the equal rights of men and women
>    and of nations large and small, and
>    - to establish conditions under which justice and respect for the
>    obligations arising from BitLicence regulation and other sources of
>    financial services law can be maintained, and
>    - to promote larger social progress by leading global standards, given
>    that New York remains the center of technological innovation and
>    forward-looking virtual currency regulation
>
> *HAVE RESOLVED TO COMBINE OUR EFFORTS TO ACCOMPLISH THESE AIMS*
>
> *Now, therefore this UNIVERSAL BITLICENSE DECLARATION ON VIRTUAL CURRENCY
> & HUMAN RIGHTS as the common crypto standard of achievement for all peoples
> and all nations, keeping this Declaration constantly in mind, shall strive
> to promote respect for human rights and personal freedoms by progressive
> measures, national and international, to secure their universal and
> effective recognition and observance of New York-based companies
> accountable to a **universal **BitLicense **standard of virtual currency
> regulation across all global territories of business, protecting all
> peoples and all nations.*
> *Article One*
>
>    -
>
>    Whereas disregard and contempt for human rights have resulted in
>    failed financial frameworks that have outraged the conscience of mankind,
>    and
>    -
>
>    Whereas the foundational vision of BitLicense theory imagines a world
>    in which human beings shall enjoy safe, reliable and regulated virtual
>    currency tools and financial products, now proclaimed as the highest
>    aspiration of the common people,
>
> *Article Two*
>
>    -
>
>    Whereas ethical stewardship of virtual currency is inherent to the
>    BitLicence mandate, the invention of blockchain, and virtual currency aimed
>    to secure the equal and inalienable rights of all as foundation to
>    financial freedom and economic prosperity, especially in the developing
>    economies, and
>    -
>
>    BitLicense members pledged themselves to achieve, in cooperation with
>    the state of New York, the promotion of universal respect for and
>    observance of international human rights fundamental to the integrity of
>    the BitLicenseâ€™s virtual currency regulation.
>    -
>
>    Whereas New York reaffirms faith in the BitLicenseâ€™s foundational
>    themes and the general concept of human right protection. The dignity and
>    worth of the human person and the equal rights of men and women are part of
>    New York BitLicense protections and standards which correlates to noble
>    â€œpublic-spiritednessâ€ virtual currency regulation with exponential social
>    progress of humanity.
>
> *Article Three*
>
> *The Purposes of this Declaration are:*
>
>    - To maintain the protection of BitLicense virtual currency standards,
>    implying any New York- based group or person has no right to engage in
>    â€œloopholeâ€ business activities in global markets out of New York, or to
>    perform any act aimed at bypassing BitLicense virtual currency regulation,
>    and
>    - To take effective collective measures to remove inconsistencies and
>    prevent the suppression of human rights or other breaches of BitLicense
>    regulations of virtual currency, and to bring about conformity with the
>    principles of justice and international human rights laws, adjusting or
>    settling international disputes or situations which might lead to a breach
>    of New York BitLicense law;
>    - To develop friendly relations among nations based on respect for the
>    principle of equal rights and self-determination of peoples, while
>    executing appropriate measures to close KYC/AML loopholes by strengthen
>    universal virtual currency regulation of New York firms operating in global
>    emerging markets;
>    - To achieve international co-operation in solving international
>    virtual currency problems of an economic, social, cultural, or humanitarian
>    nature, and in promoting and encouraging respect for human rights and
>    fundamental freedoms for all without distinction as to race, sex, language,
>    or religion; and
>    - To offer New York as centre jurisdiction and the BitLicense as
>    universal to harmonizing smart virtual currency actions of nations in the
>    attainment of these common ends.
>
> *Article Four*
>
> New York BitLicensees (members), in pursuit of the Purposes stated in
> Article One, shall act in accordance with the following Principles:
>
>    -
>
>    All Members, in order to ensure to all of them the rights and benefits
>    resulting from BitLicense membership, shall fulfill the obligations assumed
>    by them in accordance with this Declaration, and
>    -
>
>    All Members shall immediately settle their international virtual
>    currency inconsistencies by peaceful means in such a manner that
>    international law and justice are not endangered while meeting this
>    Declaration and overall BitLicense compliance, and
>    -
>
>    All Members shall refrain in their international relations from the
>    violation of human rights or abuse of virtual currency manipulation *by
>    leveraging territorial loopholes (e.g. Africa) and/or inconsistent
>    jurisdictional integrity and enforcement (e.g. Europe), nor willfully
>    employ political naivete of any state (e.g. New York)*, or in any
>    other manner inconsistent with the Purposes of this Declaration, and
>    -
>
>    Continued membership is contingent on the requirement that BitLicense
>    Members based in New York act in accordance with these Principles so far as
>    may be necessary for the promotion of universal respect for and observance
>    of human rights and fundamental virtual currency regulation, and finally
>    -
>
>    Nothing in this Declaration may be interpreted as implying for any
>    State, group or person any right to engage in any activity or to perform
>    any act aimed at the destruction of human rights or degradation of the
>    BitLicenseâ€™s virtual currency statute or mandates set forth in this
>    Declaration.
>
> --
> *Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>*
> MSc
> <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&utm_medium=Search&utm_campaign=MSc-Digital-Currency-North-America&utm_term=blockchain%20unic&gclid=Cj0KCQiAyJOBBhDCARIsAJG2h5ctwwMz0MRbVSk-LaYD-GMU5UgDSw7ynxbGr_a7SkaFAZzJc1-pzxEaAi4NEALw_wcB>
> - Digital Currency
> MBA
> <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovation-mba-1-5-years-or-3-semesters/>
> - Entrepreneurship and Innovation (ip)
>
> G at xNY.io
> +1-646-454-9107
> New York, New York 10001
>
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