Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator.
Notably, this is the sixth-ever BitLicense the state has granted, with the last one being obtained by brokerage firm Genesis Global Trading in May 2018.
With the obtained license Xapo will now be authorized to offer its digital wallet and its offline vault service to users in New York.
The president of Switzerland-based Xapo, Ted Rogers commented on the successful BitLicense application, saying:
“We are very pleased with the approval of Xapo’s BitLicense application.
After the BitLicense came into effect in 2015, various businesses, including popular crypto exchange Kraken, decided to exit New York.
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation.
In addition to adding a new CFO, Ripple is proud to announce the appointment our newest board member, Benjamin Lawsky. Lawsky, the former superintendent of financial services for the state of New York, has more than two decades of experience in both federal and state government.
Cryptocurrency exchange itBit says it has received approval from the New York State Department of Financial Services (NYDFS) to add four major cryptocurrencies to its trading and custody services. In addition to bitcoin, itBit will now offer custody, escrow and over-the-counter (OTC) trading services for bitcoin cash (BCH), ethereum (ETH), litecoin (LTC) and stellar lumens
Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14.
Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product offerings.
Despite bitcoin and altcoins fell in price in 2018, Coinmint invests hundred millions of dollars in the reconstruction of the former aluminum plant in the New York State.
Эксперты трейдинговой компании QCP Capital заявили, что на фоне преодоления биткоином цены $123 000 и резкого всплеска спроса среди крупных компаний, рынок начинает перегреваться и вероятна коррекция курса монеты.
Coinspeaker
SWIFT Alternative: Xapo Bank Integrates USDC Payment Rails
Asides from integrating a USDC payment rail, Xapo Bank recently partnered with Faster Payment System (FPS) to extend its global reach.
По словам партнёра Lightspeed Venture Partners Джереми Лью, к 2030 году цена биткоина может достичь $500000. Его прогноз поддержал соучредитель Blockchain. com Питер Смит. После впечатляющего роста биткоина почти до $48000 аналитики и трейдеры выдвинули несколько версий по росту главной криптовалюты к 2030 году.
An unknown bitcoin whale has moved the largest fiat value bitcoin sum in history. The transfer moved 88,857 BTC worth $1. 16 billion from a Xapo wallet to an unknown one. Data from Blockchain. com shows that the whale moved the sum across two transactions of 43,185 BTC and 45,671 BTC respectively.
The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as […]
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