Tag Archives: nydfs

Crypto Exchange Gemini Lists Bitcoin Cash with NYDFS Approval

Advertisement Crypto exchange Gemini has announced that it now supports trading and custody activities for Bitcoin Cash (BCH), effective this weekend, with full trading slated to begin on Monday. With the announcement, the exchange platform founded  by bitcoin billionaire twins Cameron and Tyler Winklevoss now supports five cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Zcash (ZEC), and… Read More »

Crypto Exchange Gemini to List Bitcoin Cash With NYDFS Approval

The Winklevoss-owned Gemini crypto exchange is adding support for bitcoin cash (BCH), the firm announced Friday. Specifically, the New York-based startup is only supporting the fork of bitcoin cash based on the Bitcoin ABC roadmap, and not the alternative version, “Satoshi’s Vision” (SV). The difference arises after a controversial hard fork last month when the bitcoin cash network… Read More »

New York Financial Regulators Approve Blockchain Payments System

The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4. NYDFS superintendent Maria T. Vullo announced today that the department authorized New York-based Signature Bank to offer its digital payment platform Signet in the state. The approved system reportedly uses… Read More »

New York: DFS Grants BitLicense to Crypto Custodian

Advertisement Twitter Facebook LinkedIn The New York Department of Financial Services (NYDFS) has issued a BitLicense to NYDIG Execution LLC, a subsidiary of New York Digital Investment Group (NYDIG LLC). In a statement published this week, the regulator revealed that the crypto custodian had been granted a virtual currency license and a money transmission license. In addition, another NYDIG subsidiary,… Read More »

New York Regulator Issues BitLicense to NYDIG For Custody and Trading

New York State Department of Financial Services (NYDFS) has approved cryptocurrency-related company NYDIG’s application for a digital currency license and a money transmission license. Bitcoin Custody Approved in New York State The NYDFS has formally authorized cryptocurrency-related company NYDIG to offer secure custody as well as trade execution services for several virtual currencies including Bitcoin Cash, Ether, XRP,… Read More »

New York Regulators Have Granted Their 14th Crypto License

The New York State Department of Financial Services (DFS) has just issued a new BitLicense to the New York Digital Investment Group (NYDIG), allowing it to offer crypto-related services in the Empire State. According to a press release Wednesday, DFS has granted its virtual currency license to the company, allowing NYDIG to offer liquidity and asset management services… Read More »

Bitcoin ATM Operator Coinsource Gets New York Regulator’s Green Light With ‘Bitlicense’

Bitcoin ATM operator Coinsource has been granted a virtual currency license, or ‘Bitlicense,’ from the New York State Department of Financial Services (NYDFS), according to a press release published Nov. 1. The regulator has thus given its formal seal of approval for New Yorkers to use cash to buy or sell Bitcoin (BTC) using Coinsource’s “Bitcoin Teller Machines… Read More »

New York Awards First-Ever BitLicense to Bitcoin ATM Company

Bitcoin teller machine (BTM) operator Coinsource has just become the 12th crypto company to receive a license from the New York State Department of Financial Services (NYDFS). The firm announced approval of the so-called BitLicense on Thursday, with the firm’s general counsel Arnold Spencer noting that it was the first granted to a bitcoin ATM provider to date.… Read More »

New York Gives Coinbase Green Light to Offer Regulated Crypto Custody

Advertisement Coinbase has made yet another pioneering move in the regulatory morass that is cryptocurrency. The company today announced that its institutional wing, Coinbase Custody Trust Company, has received approval from New York State regulators to operate as an “independent Qualified Custodian.” Coinbase May Operate as Qualified Custodian A qualified custodian operates similarly to a bank, so much… Read More »