Universal BitLicense Declaration on Virtual Currency & Human Rights

Gunnar Larson g at xny.io
Fri Jan 6 03:28:26 PST 2023

> 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
>>>    - 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 York’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
>>>    - to save succeeding generations from financial fraud and
>>>    corruption, which in our lifetime has brought untold sorrow to humanity, and
>>>    - to reaffirm New York’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
>>> 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 BitLicense’s virtual currency regulation.
>>>    -
>>>    Whereas New York reaffirms faith in the BitLicense’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
>>>    “public-spiritedness” 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 “loophole” 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
>>>    BitLicense’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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