Search Results for: BitLicense
SnapSwap granted first bitLicense in Europe
October 12th, 2015
SnapSwap International S.A. announced today that the company has been granted a license to provide services as a regulated payment institution by the Minister of Finance of the Grand Duchy of Luxembourg. The license allows SnapSwap to offer payments, remittances, ...
First Bitlicense approval for a Bitcoin Startup
September 23rd, 2015
NYDFS BitLicense is First Comprehensive Regulatory Framework for Firms Dealing in Virtual Currency Such as Bitcoin BitLicense Includes Key Consumer Protection, Anti-money Laundering, Cyber Security Rules to Help Safeguard Customer Funds and Root Out Illicit Activity Anthony J. Albanese, ...
NYDFS Announces Final Bitlicense Framework for Regulating Digital Currency Firms
June 4th, 2015
Benjamin M. Lawsky, Superintendent of Financial Services, today announced the release of the New York State Department of Financial Services’ (NYDFS) final BitLicense – the first comprehensive framework for regulating digital currency firms. The BitLicense – which is the ...
NYDFS Expects Final BitLicense ‘Very Soon’
April 17th, 2015
The New York State Department of Financial Services (NYDFS) suggests it is moving steadily toward the release of a finalized BitLicense under which digital currency businesses would be regulated in the state. Following the end of a comment period ...
Comments and Petitions: How the BitLicense Will Affect the Future of Bitcoin
August 11th, 2014
When Ben Lawsky and the NYDFS met with key players in the Bitcoin community earlier this year, there were many questions of what the committee would propose and how it would affect Bitcoin entrepreneurs, businesses and the future of ...
Cryptocurrency ATM growth spikes exponentially to 4,000 machines worldwide
November 13th, 2018
According to global statistics provided by Coinatmradar.com, there are now close to 4,000 cryptocurrency automated teller machines (ATMs). Moreover, there’s been a huge influx of bitcoin cash ATMs over the past year as there are now 1,200 BCH dispensing ...
Have a Cryptocurrency Company? Bermuda, Malta or Gibraltar Wants You
August 2nd, 2018
Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination ...
DFS grants virtual currency license to Coinbase
January 18th, 2017
Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase, Inc., a wholly owned subsidiary of Coinbase Global, Inc., for a virtual currency and a ...
New York’s bitcoin hub dreams fade with licensing backlog
October 31st, 2016
New York’s financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopted trailblazing virtual currency rules last year. But the state lost that momentum when the agency’s chief left, putting a licensing ...
Coinpit Takes First Steps Toward Trustless Bitcoin Futures Exchange
September 15th, 2016
Coinpit is taking significant and innovative steps to offer a safer alternative to Bitcoin’s custodial futures exchanges. Thanks to Bitcoin’s multi-signature technology, users that store bitcoins on Coinpit remain in complete control of their funds. Even if the exchange is ...
