The New York Department of Financial Services approved the virtual currency and money transmitter license for Coinbase after a thorough review of its applications.
BitLicense was granted after a thorough study of Ripple’s standards by New York Financial Watchdog.
Bitcoin trading volume at Winklevoss twin’s exchange Gemini has surged more than 40,000% in the three weeks since its launch.
The first bitLicense in Europe has been granted in Luxembourg to SnapSwap, an innovative payments startup.
Bitcoin company Circle has announced its customers in the United States are now able to send and receive US dollars, along with digital currency.
Circle has just made two promising announcements thus making its goal to provide instant and safe worldwide transactions sound as real as never.
A bill, AB 1326, requiring virtual currency companies to be licensed passed the California Assembly with bipartisan support. Coin Center supports the proposed digital currency regulation in California and Electronic Frontier Foundation does not. Who is going to win the debate?
The new bitcoin book is the first of its kind exploring digital currency law in four jurisdictions: Canada, Germany, the United Kingdom, and the United States.
ItBit, a global bitcoin exchange, reveals details of its exclusive Bankchain project, a private shared ledger system for banks.
Unlike other Bitcoin exchanges who have decided to leave the state instead of complying with regulatory licensing, NY-based bitcoin exchange Coinsetter has submitted the BitLicense application to the NYDFS to continue servicing its customers.
Leading bitcoin exchanges refuse to comply with BitLicense regulations and make their services unavailable for New York residents.
Speaking at the cryptocurrency conference in Manhattan Benjamin Lawsky, former head of New York State Department of Financial Services, said his own company won’t consult on BitLicense.