On Tue, Feb 6, 2024, 3:50 AM Gunnar Larson <[email protected]> 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 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 > > *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 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 > > *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 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. > >
