New York State's issuance of the first BitLicense to Bitcoin wallet company Circle Internet Financial, while a milestone for Bitcoin regulation, also illustrates how bumpy this journey will be. On the one hand, government officials are no longer trying to ban Bitcoin. But in trying to solve one problem, regulations often create new ones, as we've seen with the BitLicense. Here's what's good - and bad - about the New York BitLicense... Tags: bitcoin ATM , bitcoin companies , bitcoin exchange , Bitcoin regulation , bitcoin wallet , BitLicense , digital currency , First BitLicense , regulating Bitcoin To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post What the First BitLicense Shows Us About Bitcoin Regulation appeared first on Money Morning - We Make Investing Profitable .