カテゴリー: BitLicense

Cryptocurrency Brokerage Service Genesis Global Granted Bitlicense

Cryptocurrency Brokerage Service Genesis Global Granted BitlicenseOn May 17 the Digital Currency Group initiative and Over-the-Counter (OTC) cryptocurrency service, Genesis Global Trading, announced that Genesis was recently granted the New York state Bitlicense. The company that provides OTC solutions to institutional buyers can now operate freely in New York — A territory that many call, ‘the financial capital of the world,’ […]

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Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next NY Attorney General

Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next NY Attorney GeneralGood news for American bitcoin companies, someone who wants much lighter Bitlicense regulations is in the running to be the next New York attorney general. And in China, a bitcoin mining hardware producer is planning a $1 billion IPO. These stories and much more in today’s edition of Bitcoin in Brief. Also Read: Stripper Explains […]

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Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter

Bitcoin in Brief Friday: Truths, T-Shirts, Things That MatterIn today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know […]

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Bill Promises to Rid New York of Bitlicense Fees

Bill Promises to Rid New York of Bitlicense FeesA bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim is to protect […]

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South Korea Considers Bitlicense-Style System for Cryptocurrency Exchanges

South Korea Considers Bitlicense-Style System for Cryptocurrency ExchangesThe South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Bitlicense Comes to Korea The South Korean regulators are considering introducing an approval system for cryptocurrency […]

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NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense Firms

NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense FirmsAccusations, rumors and fears of manipulation in the cryptocurrency market have been around for a long while now. The most recent one involves Tether supposedly artificially propping up the price of bitcoin by printing USDT. Now one regulator demands that companies in its jurisdiction will take action against such possible risks. Also Read: Weiss Ratings […]

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US Financial Regulator Requests Crypto Trading Data From South Korea

US Financial Regulator Requests Crypto Trading Data From South KoreaThe New York State Department of Financial Services has asked two South Korean financial authorities to share cryptocurrency-related data they obtained from their recent inspections of six major Korean banks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The US Wants South Korean Crypto Data The New York State Department of Financial […]

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French Entrepreneur’s Case to Overturn the Bitlicense Dismissed

French Entrepreneur's Case to Overturn the Bitlicense DismissedThis week the longstanding New York Supreme Court case involving the state’s Bitlicense was dismissed. The lone bitcoin entrepreneur, Theo Chino, who has been fighting in court for years, relentlessly trying to get the regulatory framework created by Ben Lawsky overturned, says he will appeal the decision. Also read: African Central Banks Should Ditch Dollar, […]

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Convenience Stores and Pawn Shops See Foot Traffic from Bitcoin ATMs

Convenience Stores and Pawn Shops See Foot Traffic from Bitcoin ATMsBitcoin is continuing its popular trend throughout society, and these days the decentralized currency can now be purchased at your local bodega, gas station, deli, and convenience store. According to recent reports, bitcoin teller machines (BTMs) worldwide are popping up in great numbers; most notably in the U.S. as the country now commands roughly 1,279 […]

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New York Assemblyman Proposes Digital Currency Task Force

New York Assemblyman Proposes Digital Currency Task ForceA few new bills have been proposed by New York state officials concerning the implications of blockchain technology and cryptocurrencies. One of the bills sponsored by the democratic assemblyman Clyde Vanel called bill AO8783 aims to create a “digital currency task force” that plans to monitor the “widespread implementation of digital currencies on financial markets […]

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