BitLicense holders in New York slammed with new assessment fees
Digital currency firms that hold a BitLicense are now required to pay an assessment fee; this new order was included in the state's FY2023 budget that came into law last April 9.
Latest BitLicense News
NYDFS gets additional oversight authority over digital currency firms
The New York financial watchdog was assigned the responsibility of developing a new assessment mechanism for VASPs in the state’s new budget for 2023.
New York’s new governor picks ex-Obama staffer to head NYDFS
Kathy Hochul, the new governor of New York, has nominated former Obama official Adrienne Harris to head up the New York Department of Financial Services.
Bakkt secures BitLicense in New York
The agency said the license would now enable Bakkt to support customers in New York in buying and selling digital currencies and other digital assets.
New York approves the first Japanese yen-pegged stablecoin
The New York Department of Financial Services granted a charter to GMO-Z.com Trust Company Inc. to issue the GYEN stablecoin in the state.
New York regulator lightens up on BitLicense
The NYDFS is now granting conditional BitLicenses, partnership opportunities, and has updated their policies.
ErisX obtains BitLicense, gets green light to serve New Yorkers
ErisX has become the latest digital currency firm to get the green light to operate in the state of New York after acquiring the BitLicense from the NYDFS.
New York’s new guidelines seek to toughen BitLicense compliance
The New York Department of Financial Services has set out what it describes as the “first step” to reviewing the license, which has been in operation since 2015.
SoFi Digital Assets receives New York BitLicense
SoFi will now offer crypto trading services to New York residents after receiving the coveted BitLicense from the New York Department of Financial Services.
Bittrex New York closure delayed, but still definitely happening
Bittrex customers hoped recent news might mean the exchange could reopen to New York, but that’s not the case.
This week in crypto: All the important developments in crypto space
The Bitcoin ecosystem continues to advance at a steady pace as it becomes more mature and integrated into everyday life.
New York financial regulator revisiting controversial BitLicense
But don’t get too excited as the existing regulations will stay with minor tweaks.