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CATEGORY: bitlicense


Crypto trading firm Cumberland secures New York BitLicense

Author: Cointelegraph by Turner Wright
United States
Jun 18, 2024 12:00

Crypto trading firm Cumberland secures New York BitLicense

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

Jun 18, 2024 05:50

Crypto Trading Firm Cumberland Acquires New Yorks BitLicense

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]

The post Crypto Trading Firm Cumberland Acquires New York’s BitLicense appeared first on Crypto Breaking News.

New York sets customer service standards for virtual currency entities

Author: Cointelegraph by Derek Andersen
United States
May 31, 2024 12:00

New York sets customer service standards for virtual currency entities

The BitLicense just got a little tougher with new mandatory standards for treating customers right.

Stablecoin issuer Paxos reportedly probed by New York regulators

Author: Cointelegraph By Brayden Lindrea
United States
Feb 10, 2023 08:20

Stablecoin issuer Paxos reportedly probed by New York regulators

While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year.

NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms

Author: Cointelegraph By Turner Wright
United States
Dec 02, 2022 12:00

NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms

Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.

May 06, 2022 06:05

Bitcoin Proponents Rally To Oppose New York Mining Moratorium

Bitcoiners and politicians come together in Albany, New York to speak out against a proposed ban on proof-of-work mining and to keep industry jobs in the state.

New York Mayor urges state to abandon ‘stifling' BitLicense scheme

Author: Cointelegraph By Jesse Coghlan
United States
Apr 28, 2022 08:25

New York Mayor urges state to abandon ‘stifling' BitLicense scheme

“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement.

Mar 30, 2022 08:45

New York Approves Apex Crypto Application for BitLicense

Apex Fintech Solutions, the parent company of Apex Clearing Corporation, has announced on Tuesday that the New York State Department of Financial Services (NYDFS) approved the application of Apex C...

Feb 13, 2022 08:55

BitOoda Obtains BitLicense from NYDFS

BitOoda Digital, a subsidiary of digital asset firm BitOoda Holdings, recently announced that it has received a virtual currency license, also known as the BitLicense, from the New York Department ...

Société Générale subsidiary becomes the first fully-licensed crypto provider in France

Author: Cointelegraph By David Attlee
United States
Jul 19, 2023 04:40

Société Générale subsidiary becomes the first fully-licensed crypto provider in France

Forge will have a right to custody digital assets, to purchase and sell them for legal tender, and to trade them against each other.

Apr 18, 2023 06:55

NYDFS to Assess Supervisory Costs from Licensed Crypto Firms


The NYDFS will assess supervisory costs from licensed crypto firms in the state of New York to add top talent to its virtual currency team. This new regulation provides the Department with additional tools and resources to regulate the virtual currency industry. (Read More)

Apr 17, 2023 10:30

NYDFS adopts regulation to assess supervisory costs for licensed crypto firms

The New York State Department of Financial Services, or NYDFS, has adopted a regulation that will allow the government agency to assess supervisory costs from licensed crypto firms operating in the state. In an April 16 announcement, the NYDFS said the supervisory costs enforced by the new regulation would be used for “adding top talent [...]

The post NYDFS adopts regulation to assess supervisory costs for licensed crypto firms appeared first on Crypto Breaking News.

NYDFS approves BitLicense for Anchorage Digital subsidiary

Author: Cointelegraph by Turner Wright
United States
Dec 17, 2024 12:00

NYDFS approves BitLicense for Anchorage Digital subsidiary

With the addition of Anchorages New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.

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