Crypto ATM firm Coinsource secures New York’s BitLicense
The world’s largest crypto ATM company Coinsource has become the latest firm to secure a coveted virtual currency license in New York.
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.”
New York doesn’t seem to be getting along with cryptocurrency companies until now.
Circle announced that it has acquired Poloniex cryptocurrency exchange in a bid to extend “its commitment to a new vision for global finance.”
South Korean regulators have clarified their position and, at least for now, cryptocurrencies are safe.
Members of the virtual currency task force are examining a “cryptocurrency exchange approval system” based on New York’s BitLicense, according to reports.
BitFlyer, Japan’s largest cryptocurrency exchange by trading volume, has cleared another hurdle in its bid to set foot on U.S. soil.