In a blow to the U.S.-based exchange, the New York Department of Financial Services said it would not be approving Bittrex’s application for a virtual currency license.
The firm, considered to be the largest exchange in Europe, becomes the 19th company to be approved by the New York State Department of Financial Services for its virtual currency license.
The Peter Thiel-backed startup was given the green light from the Department of Financial Services (DFS) this week, which will allow them to begin working with institutional investors.
The New York Department of Financial Services has awarded Cottonwood Vending LLC a virtual currency license.
The New York State Department of Financial Services has announced that both companies will be receiving BitLicenses.
The New York State Department of Financial Services (DFS) has approved New York Digital Investment Group (NYDIG) Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license.
The world’s largest crypto ATM company Coinsource has become the latest firm to secure a coveted virtual currency license in New York.
The New York State Department of Financial Services has approved financial services provider Square Inc.’s application for a BitLicense, making it the ninth company to hold the virtual currency license or charter in the state.
Genesis Global Trading is the latest firm to receive a BitLicense from the New York Department of Financial Services.
Several exchanges are being targeted by New York Attorney General Eric Schneiderman in a new inquiry, a move that Kraken co-founder Jesse Powell described as “insulting.”