Guillermo Artiles, chair of the firm’s Government Affairs practice, speaks with ROI-NJ about why cryptocurrency companies are moving to New Jersey from New York due to stifling regulations, mostly affecting small to midsized companies. Guillermo, who represents the Blockchain Association of New Jersey and has been involved in discussions involving the Digital Asset and Blockchain Technology Act says, “These (companies) are run by a handful of individuals; time is very precious. If you force someone to go through an incredibly heavy, burdensome process, not just financially, but from a timing perspective, to submit this thing, and then you make them wait six months to a year after that, it would make no sense for any small to midsize company to undergo that.”
5.18.2022