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Cottonwood Becomes Second Cryptocurrency ATM Operator to Receive Bitlicense

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U.S.-based cryptocurrency ATM operator Cottonwood Vending has been granted regulatory approval to operate in the state of New York. As such, Cottonwood has become the second cryptocurrency ATM operator to receive a Bitlicense by the New York State Department of Financial Services (NYDFS). Also Read: Coincheck Registers 1.7M New Users Since Resuming Operations  Cottonwood Granted Virtual … Read more

Money Transmitter License Not Required for Crypto Businesses in Pennsylvania

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On Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a money transmission license for cryptocurrency operations is not required. Also Read: Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time Banking Department … Read more

Cryptocurrency Conferences Continue to Thrive Despite Industry Downturn

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Over the last year, cryptocurrency prices have dropped significantly and mainstream attention has been waning in recent months. However, according to recent data, the digital currency and blockchain conference circuit did not see a steady decline during the last six months of 2018. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations … Read more

The Daily: NYC to Launch Blockchain Center, Wyoming Advances Industry-Friendly Bills

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In today’s edition of The Daily, we feature a couple of stories that show how, despite the current downturn in the cryptocurrency markets, different locations in the U.S. are competing to attract the industry. We also cover a new bitcoin investment trust application with the SEC and a rebranding of a crypto exchange. Also Read: … Read more