Greg Simon President of the Bitcoin Association on BitLicense
Greg Simon, President of the Bitcoin Association and founder of Ribbit.me, is excited about the exemption for reward programmes from BitLicense, but believes the regulation may burden startups entering the Bitcoin space.
Ribbit.Me Releases RibbitRewards Blockchain
The North American Loyalty market is estimated at [$54 billion USD ](http://www.slideshare.net/RiteshBhavnani/stats-facts-on-loyalty-programs-for-2013-2014)and is growing by 20% each year. RibbitRewards are reward credits that will be tracked using a Bitcoin-derived blockchain. This gives RibbitRewards abilities which typically are not possible with other rewards systems.