NYDFS Looking to Review the “Elusive” BitLicense 

NYDFS Looking to Review the “Elusive” BitLicense 
фото показано с : Cripyo.news

2019-10-24 11:00

The New York Department of Financial Services (NYDFS), the state’s financial watchdog, is hatching plans to review the highly controversial BitLicense regulation and possibly “relax” it a bit to lower the high barrier for entry.

The agency says it’s looking to collaborate with cryptocurrency market participants in the region, to revisit the license, reports FinanceRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\. origin »

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nydfs financial cryptocurrency bitlicense review looking license

Источник: Cripyo.news

nydfs financial → Результатов: 57


Фото:

Bakkt Wins Regulatory Approval to Launch Bitcoin Futures

Bakkt has won approval from US regulators to trade physically-settled bitcoin futures, a move many believe would legitimize the cryptocurrency industry before institutional investors. The Intercontinental Exchange’s subsidiary announced on Friday that the New York Department of Financial Services (NYDFS) had given them clearance to acquire a New York state trust charter.

2019-8-17 23:20


Фото:

Good News For Bakkt? NYDFS Announces Crypto-Licensing Division

The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses. The ‘Research and Innovation’ Division will supervise and license virtual currencies, address financial inclusion through technology, protect consumer data rights, and encourage innovation in the financial services marketplace.

2019-7-24 19:00


Bittrex fails to obtain BitLicense, New York regulators cite poor internal controls

US cryptocurrency exchange Bittrex had its BitLicense application rejected by the New York Department of Financial Services (NYDFS) after years of scrutiny. The agency rejected the application because of alleged deficiencies in anti-money laundering practices alongside poor due diligence over token launches, among other shortcomings.

2019-4-11 10:22


Фото:

Bitstamp USA Becomes Nineteenth Firm to Receive BitLicense

The New York Department of Financial Services (NYDFS) has granted its nineteenth BitLicense to Bitstamp USA, a subsidiary of Bitstamp, the department announced on April 9, 2019. New Members In the first quarter of 2019, several firms were granted the coveted virtual currency license from New York state’s financial regulator, popularly called the BitLicense.

2019-4-10 18:11


Фото:

NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs

The New York State Department of Financial Services (NYDFS) has granted yet another Virtual Currency License (BitLicense) to one more NY-based bitcoin ATM company. Cottonwood Vending Gets the Green Light In a tweet on the official page of the NYDFS, the regulator announced that it has granted a BitLicense to Cottonwood Vending LLC, a Bitcoin ATM company in New York.

2019-2-1 13:00


Фото:

New York Regulator Issues BitLicense to NYDIG For Custody and Trading

New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission license. Bitcoin Custody Approved in New York State The NYDFS has formally authorized cryptocurrency-related company NYDIG to offer secure custody as well as trade execution services for several virtual currencies including Bitcoin Cash, Ether, XRP, and Bitcoin.

2018-11-15 17:00


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


Фото:

Bitcoin Payments Processor BitPay Granted BitLicense

After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business.  U. S. -based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS) approval in three years.

2018-7-18 14:00


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