Binance Stablecoin Receives NYDFS Approval
According to a recent announcement by one of the world’s largest crypto exchanges, Binance, its USD-backed stablecoin was just approved by the New York State Department of...
Bakkt Bitcoin Custody Now Available to all Institutional Clients
Bakkt joins the field of institutional-grade bitcoin custody service providers after obtaining approval from regulators in New York. Meanwhile, the Bitcoin futures product launched by...
Good News For Bakkt? NYDFS Announces Crypto-Licensing Division
The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses. The ‘Research and...
Bitfinex Will Vigorously Challenge $850M Lost Tether ‘False Assertions’
Following the New York Attorney General’s accusations of a $850M cover-up by Bitfinex, the company has issued its response. Binfinex refutes the claims as ‘riddled with...
NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs
The New York State Department of Financial Services (NYDFS) has granted yet another Virtual Currency License (BitLicense) to one more NY-based bitcoin ATM company. Cottonwood Vending...
New Yorkers Can Now Use The Robinhood App; Buy Bitcoin With a Debit Card
The New York State Department of Financial Services (DFS) has granted the BitLicense to cryptocurrency trading app Robinhood as well as LibertyX, which allows users to buy bitcoin with...
New York Regulator Issues BitLicense to NYDIG For Custody and Trading
New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission...
‘Full Circle’: Goldman Sachs Backed Startup Launches Stablecoin Cryptocurrency
On September 26th, Circle announced the release its new stablecoin USD Coin (USDC), which will begin trading on Circle’s Poloniex exchange immediately. The new USDC stablecoin will...
NYDFS Going Soft? Symphony Allowed to Launch Despite Encryption Methods
The New York Department of Financial Services (NYDFS), which has made life for Bitcoin companies difficult with its BitLicense, has gone soft on Symphony, a secure messaging company...
The Final BitLicense: Revisions and Reactions From The Industry
Recently, Ben Lawsky, the Superintendent of the New York Department of Financial Services (NYDFS) released the final draft of the infamous BitLicense. This piece of regulation would...
Bitcoinist Assistant Editor’s Formal BitLicense Comment
This author’s views do not necessarily reflect those of Bitcoinist.net. In early February, the New York Department of Financial Services (NYDFS) released their revised BitLicense...
OP-ED: BitLicense’s Superficial Changes
This author’s views do not necessarily reflect those of Bitcoinist.net. Right now, the New York Department of Financial Services (NYDFS) is holding a 30-day public commenting...