New York Greenlights Bullish With Bitlicense and Money Transmitter Nod
Bullish just landed New York’s Bitlicense, teeing up a U.S. push with a green light from the state’s financial cop. Bullish Gets New York Go-Ahead for Trading and Custody Arm…
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Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto Services
According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial…
NYDFS calls for public feedback on proposed crypto regulatory guidance
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist
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.
NYDFS adopts regulation to assess supervisory costs for licensed crypto firms
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services.
New York State issues guidance for banks seeking to engage in activities with crypto
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup.
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.
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best…
Billionaire Bill Ackman calls for crypto clarity in New York
Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles.