ShapeShift CEO: BitLicense license system is New York State's worst move in crypto regulation

According to CoinDesk, Shapeshift CEO Erik Voorhees said in an interview: "The BitLicense licensing system is the worst measure implemented by the State of New York in terms of the financial regulation of cryptocurrencies. New York has only issued about 15 licenses at this time. Imagine that, as one of the most populous states in the United States and the largest financial industry, only 15 startups in the entire state of New York have been licensed for crypto projects. This is completely crazy. "