Tag

Bitstamp USA Inc., largest European digital currency exchange Bitstamp Ltd.’s U.S. subsidiary, has been granted a virtual currency license by the New York State Department of Financial Services (NYDFS), according to a press release on NYDFS’s website. The subsidiary is the 19th...

Coinbase and Ripple Labs are both close to obtaining a BitLicense in order to operate in New York, according to a source who spoke to Reuters. The news agency cited a notice published on the New York State Department of Financial Services website, dated April 28, stating that the...

Earlier this week, we reported that Poloniex, Kraken, and Bitfinex had terminated services in New York because of the state’s controversial BitLicense. Now more Bitcoin companies have announced plans to cease operations in the state. LocalBitcoins.com – a Finnish-based...

Coinbase said Monday it had opened the first regulated Bitcoin exchange in several US states, including New York. But a spokesman for New York State Department of Financial Services (NYDFS) Superintendent Benjamin Lawsky said Coinbase did not have the licenses necessary to...

On December 18, Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), announced revisions to the proposed special banking license – known as BitLicense – that his department introduced in the summer to regulate cryptocurrency. In a speech...

Benjamin Lawsky, superintendent of the New York State Department of Financial Services (NYDFS), announced Sunday that his department may grant transitional licenses to small digital-currency companies and startups to let them grow before facing the full burden of new rules,...

Benjamin Lawsky, Superintendent of the New York State Department of Financial Services (NYDFS), announced Tuesday evening several changes he will make to the proposed special banking license – known as BitLicense – that his department introduced in July to regulate digital...