Twitter hack prompts NYDFS to call for more social media oversight
The New York financial regulator has criticized the lack of leadership at Twitter which made it easier for the hackers to infiltrate the platform.
The New York financial regulator has criticized the lack of leadership at Twitter which made it easier for the hackers to infiltrate the platform.
The NYDFS is now granting conditional BitLicenses, partnership opportunities, and has updated their policies.
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.
Bittrex customers hoped recent news might mean the exchange could reopen to New York, but that’s not the case.
The deputy superintendent will fill a new position in the recently created Research and Innovation Division of the New York State Department of Financial Services.
The New York Department of Financial Services has provided further explanation for why Bittrex didn’t get a BitLicense, but the exchange is not buying it.
Bittrex was denied its New York BitLicense, but its arguing that if it lost that opportunity because of North Koreans, that’s pretty unfair.
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 New York Department of Financial Services (NYDFS) has authorized a new system from Signature Bank which will allow corporate customers to make bank payments in a form of virtual currency.
The world’s largest crypto ATM company Coinsource has become the latest firm to secure a coveted virtual currency license in New York.