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BitLicense

PayPal obtains BitLicense, lets users transfer digital assets to other wallets
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10 June, 2022

PayPal obtains BitLicense, lets users transfer digital assets to other wallets

PayPal has been operating with a conditional BitLicense from the NYDFS since October 2020 but has now become fully licensed...
BitLicense holders in New York slammed with new assessment fees
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20 April, 2022

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...
NYDFS gets additional oversight authority over digital currency firms
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15 April, 2022

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 York’s new governor picks ex-Obama staffer to head NYDFS
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4 September, 2021

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...
Bakkt secures BitLicense in New York
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17 March, 2021

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...
New York approves the first Japanese yen-pegged stablecoin
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3 January, 2021

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...
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