Universal BitLicense Declaration on Virtual Currency & Human Rights

Fri Dec 16 02:07:06 PST 2022

> 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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