New York’s notorious BitLicense dropped 10 years ago on June 3 , 2015. The greatest bull market is upon us and New York State is still sleeping at the wheel. While BitLicense collected dust, Miami, Dubai, Singapore, and even Wyoming rolled out the red carpet to founders building the future of finance. Albany? It keeps hitting the snooze button. Founders look at reality of operating in NY: months of paperwork, compliance costs, and NYDFS babysitting. OR launch anywhere else and ship in weeks. The choice is easy. Result: talent migrates, investors geofence NY users, and the one-time financial capital of the world watches the fastest-growing industry from the bleachers. The fix isn’t rocket science. Sunset BitLicense and let the city that built Wall Street rebuild itself on chain. The train is leaving the station. Either Albany ends BitLicense now or cedes the future of finance for good.