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  • BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York

    • Post author:MiamiCrypto
    • Post published:April 19, 2022
    • Post category:assessment fees / BitLicense / crypto business / crypto companies / crypto license / Crypto regulation / Governor Kathy Hochul / New York / nydfs / regulation fees / virtual currency companies

    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 support” the industry.

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