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Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate…
Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset…
Strike has secured a New York Bitlicense and a Money Transmitter License from the New York State Department of Financial Services, allowing the bitcoin payments platform to offer its services…
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…
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…
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist
Forge will have a right to custody digital assets, to purchase and sell them for legal tender, and to trade them against each other.
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services.
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup.
“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.