NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs

NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs
фото показано с : bitcoinist.com

2019-2-1 13:00

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.

DFS Grants Virtual Currency License to Cottonwood Vending LLC, Continues to Advance Responsible Innovation in New York’s Fintech Industry

— NYDFS (@NYDFS) January 31, 2019

Earlier this month, Bitcoinist reported that the NYDFS issued a BitLicense to LibertyX, which became the first regulated company to allow New Yorkers to buy bitcoin from traditional ATMs.

This marks the third BitLicense issued to a bitcoin ATM company. Before LibertyX and Cottonwood Vending, the NYDFS issued the regulatory permit to Coinsource back in 2017, following a lengthy three year application period.

88 More Bitcoin ATM Locations

Following the latest BitLicense, New Yorkers now have 88 more Bitcoin ATM locations where they can purchase the cryptocurrency using cash.

According to the official website of Cottonwood Vending, the 88 locations are concentrated mainly in the the five boroughs but also a few locations in Long Island. Several locations also support both buying and selling (2-way) bitcoin.

BTM tracking website, Coinatmradar suggests that there are now 2577 locations in the US alone, with the overall number surpassing 4270.

Additionally, the NY regulator appears to be determined to continue advancing innovation in New York. Following the approval of LibertyX last month, Superintendent Vullo said:

DFS continues to lead the way in responsibly supervising and advancing innovation in New York’s flourishing financial technology sector through a strong state-based regulatory regime.

What do you think of the quick advance of Bitcoin ATMs? Don’t hesitate to let us know in the comments below!

Images courtesy of Shutterstock

The post NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66232.56 (-0.13%)
Объем 24H $41.608b
Изменеия 24h: 5.59 %, 7d: 8.32 %
Cегодня L: $65723.56 - H: $66367.17
Капитализация $1304.716b Rank 1
Цена в час новости $ 3487.06 (1799.38%)

company bitcoin bitlicense cottonwood vending license currency

Источник: bitcoinist.com

company bitcoin → Результатов: 126


New Bitcoin Bank App Launched By Twitter, Medium Co-Founder Backed Fintech Firm Mode

Biz Stone, the Medium & Twitter co-founder has invested in a financial services company called Mode. The company has just released a BTC (Bitcoin) banking application for use in iOS gadgets. The UK-based firm said that the application will be available globally, but users in the United States would not have access to it yet. […]

2020-2-5 21:05


Blockchain-based OTC trading platform Xtock Announces Alpha website Launch and Prepares for Global Marketing

Bitcoin Press Release: Blockchain-based OTC market finance platform Xtock has announced its Alpha website launch as the company prepares for global marketing. 4th August, 2018, Hong Kong – Blockchain OTC trading platform ‘Xtock’ has officially announced the launch of it’s ‘teaser’ website, a first of it’s kinda for the Asian region.

2018-8-4 17:13


PR: BodyOne Blockchain Ecological Network Energizes the Fitness Industry

No one can defeat me as I am the one in full of oriental power”. - the classic and domineering lines in The Legend of the Swordsman - reappeared in Beijing City - the east of the world. Bin Li, who is known as a godfather of fitness club in China, InterValue, which is a leading block chain technology company with the world’s first practical Blockchain 4.

2018-8-4 12:30


Фото:

Bitcoin (BTC) ETF Might Be Possible With the Bakkt Announcement, says CNBC’s Brian Kelly

Less than 24 hours ago, the owners of the New York Stock Exchange – Intercontinental Exchange (ICE) – announced that they would be partnering with Microsoft, BCG, Starbucks and other firms, to launch  a market and ecosystem to list physically settled Bitcoin futures contracts and for a new company to push Bitcoin and other digital assets […] The post Bitcoin (BTC) ETF Might Be Possible With the Bakkt Announcement, says CNBC’s Brian Kelly appeared first on Ethereum World News.

2018-8-4 11:38


Фото:

Canaan Creative Announces World’s First Mining TV Set

The world’s second largest manufacturer of bitcoin miners, Canaan Creative, has unveiled what the company describes as the world’s first bitcoin mining TV set. Also Read: High Times Becomes the First IPO to Accept Cryptocurrencies Canaan Creative to Launch Avalon Mining Television Canaan Creative has announced that it plans to sell a 43” television set that […] The post Canaan Creative Announces World’s First Mining TV Set appeared first on Bitcoin News.

2018-8-4 07:55


Фото:

Breeze Wallet with Breeze Privacy Protocol Mainnet Now Available for Download

The Breeze Wallet with the Breeze Privacy Protocol public mainnet has been released and is now open to the public. The wallet showcases Stratis technology — a platform built for visual basic apps and blockchain solutions — and places heavy emphasis on both privacy and security for businesses seeking to implement business-to-business (B2B) transactions on the Stratis and Bitcoin blockchain networks.

2018-8-4 00:02


NYSE Parent ICE Will Deliver Real Bitcoin Via New Futures Contracts

NYSE Parent, Intercontinental Exchange, to Launch New Futures Contracts Delivering Real Bitcoin The Intercontinental Exchange (ICE), the Atlanta-based company which owns the New York Stock Exchange (NYSE) announced on Friday that it plans to launch a couple of new products, the first being its new platform for digital assets, as well as a Bitcoin futures […]

2018-8-3 19:53


Фото:

Think Different? Bitcoin Makes Trillion-Dollar Apple Look Like A Non Starter

Apple may have become the world’s first trillion-dollar company — but in Bitcoin terms, its performance is as flat as an iPhone 8. Apple’s Valuation In ‘Debased’ Fiat Data uploaded to social media this week by BloombergTV host Joe Weisenthal suggests that, despite the technology giant making history in US dollars, the event says more about the dollar than it does Apple’s performance.

2018-8-3 16:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Биржи или стейблкоины? Кто пострадает от запрета BUSD

SEC США и финансовый регулятор Нью-Йорка открыли дела против Paxos — оператора стейблкоина BUSD, принадлежащего бирже Binance. Против кого направлена атака? Только против самой Binance, или на очереди эмитенты других стейблкоинов?