New York Regulator Grants Licenses to Robinhood Crypto and Libertyx

New York Regulator Grants Licenses to Robinhood Crypto and LibertyxRobinhood Crypto and Libertyx have been granted licenses by the New York State Department of Financial Services. Robinhood is now authorized to offer the buying, selling and storing of seven cryptocurrencies. Meanwhile, Libertyx has become the first Bitlicensee to allow customers to use debit cards to purchase BTC from traditional ATMs in New York. Also […]

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New York Regulator Approves Coinbase’s Custody Services for Six Cryptocurrencies

New York Regulator Approves Coinbase’s Custody Services for 6 CryptocurrenciesThe New York State Department of Financial Services has licensed a subsidiary of Coinbase to operate as an independent qualified custodian. The regulator has also approved Coinbase’s custody services for six major cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Custody Licensed The New York State Department of Financial Services (NYDFS) announced […]

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New York Regulator Approves Two New Stablecoins, Gemini Dollar and Paxos Standard

New York Regulator Approves Two New Stablecoins, Gemini Dollar and Paxos StandardEver since fears arose around Tether (USDT), it seems like a new stablecoin is released every week to try and take its place. Today two new stablecoins have been revealed, with the distinction of being approved by the financial regulator known for the New York Bitlicense. Also Read: Denmark’s Largest Bank May Have Facilitated up […]

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New Yorkers Can Trade Bitcoin Through the Square Cash App

The state of New York has been rather interesting to keep an eye on when it comes to Bitcoin and other cryptocurrencies. Given the state’s introduction of BitLicense, it has become evident that it wants to subject service providers to very strict regulations. Square, the well-known payments company, has received a virtual currency license, which […]

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Bitcoin in Brief Monday: From New York to Historic Istanbul Market

Bitcoin in Brief Monday: From New York to Historic Istanbul MarketThe stories covered in today’s edition of Bitcoin in Brief hail from all across the globe. In New York a major cold storage company has received a Bitlicense, in China there are new signs of crypto mania, and in Turkey bitcoin has made an appearance at a historic Istanbul market. Also Read: Etoro Is Launching […]

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

As Korean Crypto Exchanges Step Up AML Compliance, Banks Are FailingAs the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance. South Korea has also been discussing ways to boost crypto-related AML measures with the U.S. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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