Crypto Trading Firm Cumberland Acquires New Yorks BitLicense

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

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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.

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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.

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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.

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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.

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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.

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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...

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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 ...

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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.

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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)

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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 [...]

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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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