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. You Might Also Like New York State Senate passes Bitcoin mining moratorium June 3, 2022 Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23 May 3, 2024 New York, Maryland and Utah to hold primaries with crypto PAC money hanging over voters June 22, 2026
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