There might be relief on the horizon for cryptocurrency startups in New York, including for those looking to move back into the state lines
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BitLicense Approval Shines Fresh Light On New York-Crypto Relationship
Category: BitLicense
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DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision
Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” […]
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Genesis Global Trading Secures Its BitLicense
The BitLicense has been an interesting development in the world of cryptocurrency. In fact, it has been subject to so much controversy and debate, one would almost forget companies are actively pursuing this license these days. Genesis Global Trading is the most recent firm to have been granted a BitLicense, which means it can officially operate in the state of New York. Genesis Global Trading Gets a BitLicense Anyone who has been involved in cryptocurrency for more than a few months will know about the issues caused by New York’s BitLicense. This particular regulatory move has made life very difficult forPowered by WPeMatico
Cryptocurrency Brokerage Service Genesis Global Granted Bitlicense
On May 17 the Digital Currency Group initiative and Over-the-Counter (OTC) cryptocurrency service, Genesis Global Trading, announced that Genesis was recently granted the New York state Bitlicense. The company that provides OTC solutions to institutional buyers can now operate freely in New York — A territory that many call, ‘the financial capital of the world,’ […]
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First New-York Based Crypto Trading Company Receives BitLicense
Genesis Global Trading receives the fifth-ever BitLicense, can operate in New York with Bitcoin, Ethereum, and a variety of altcoins
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Bitcoin Price Watch: Currency Spikes to $8,800
At press time, bitcoin is trading for roughly $8,800. This is a $200 jump from where it stood just 24 hours ago, and investors are receiving a glimmer of hope for the future. The price bump suggests that bitcoin’s power is continuing to grow stronger, and despite a few ups and downs this week, the currency is finding it relatively easy to recover from negative hype. Granted bitcoin can keep up its momentum, we may witness the currency spiking into the $9,000 range again this week. The price had recently been marred by activity in both Japan (Mt. Gox) andPowered by WPeMatico
Bitcoin in Brief Thursday: Bitcoin Supporter Might Be Next NY Attorney General
Good news for American bitcoin companies, someone who wants much lighter Bitlicense regulations is in the running to be the next New York attorney general. And in China, a bitcoin mining hardware producer is planning a $1 billion IPO. These stories and much more in today’s edition of Bitcoin in Brief. Also Read: Stripper Explains […]
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Bitcoin in Brief Friday: Truths, T-Shirts, Things That Matter
In today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know […]
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Bill Promises to Rid New York of Bitlicense Fees
A bill that may turn New York into a friendlier place for crypto entrepreneurs has been introduced in the state’s Assembly. The draft is intended to “safeguard” cryptocurrency business activity and “prohibit” licensing fees. Its sponsors want to replace the costly Bitlicense regulations with a licensing regime based on audits. The aim is to protect […]
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Square Cash Adds BTC Buy/Sell Option For Wyoming Customers, ‘Working On’ New York
In response to a comment on Twitter, Square Cash app hints that it is applying for New York’s BitLicense. #NEWS
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