The NYDFS is now granting conditional BitLicenses, partnership opportunities, and has updated their policies.
Michael Terpin, a digital currency investor claims that the teenager was the leader of a cybercrime ring that stole millions from him through SIM swapping.
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.
Don’t forget to register for CoinGeek New York, guaranteed to be another huge moment in the history of Bitcoin.
Crypto companies in the state of New Jersey will have to obtain a license from the Dept. of Banking and Insurance if a new proposed bill is signed into law.
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 will now offer crypto trading services to New York residents after receiving the coveted BitLicense from the New York Department of Financial Services.
Mark Scott is being tried in a court in New York, accused of routing the proceeds of crypto scam One Coin, amounting to $400 million, out of the United States illegitimately.
Nathan Mullins and Blake Harrison Kantor were charged with fraud, basing the allegations on a binary option scam that involved virtual currency that was dubbed as “ATM Coin.”