As Benjamin Lawsky, then the head of the New York State Department of Financial Services (NYDFS), was readying his cryptocurrency business licensing regime in October 2014, he told a group of law ...

Today marks five years of the BitLicense, the controversial crypto safety rail enacted by New York State’s top financial watchdog. In half a decade only 25 licenses have been doled out, including two ...

WASHINGTON — The New York licensing process for virtual currency companies is stoking fears that firms which do apply could inadvertently open themselves up to prosecution. The first wave of virtual ...

Since the New York State Department of Financial Services (NYDFS) launched its new means of regulating companies operating in the cryptocurrency industry, BitLicense, eight months ago in June 2015, ...

In June 2015, the New York State Department of Financial Services (NYDFS) established a new regulatory process for firms working in the cryptocurrency space. Applying for a so-called BitLicense ...

New York became the first state to issue comprehensive regulations for Bitcoin and other digital currencies last week, bringing to a conclusion a 22-month process that saw regulators and the ...

New York’s BitLicense debuted in 2015 to mixed reviews. Many found the regulation to be too cumbersome and felt that crypto startups were being subjected to more onerous regulations than regular ...

On Monday, New York’s Attorney General Letitia James announced an order that two crypto lending platforms unregistered with the state cease operations in the state. The companies – their names ...

It's official: Companies dealing in cybercurrecy bitcoin now have to get a bitlicense to operate in New York state — a rule that could spread to other states if successful. Just weeks before he is set ...

Lawsky’s reasoning was simple: New York had placed itself at the “forefront” of a new era in crypto oversight. With this BitLicensehttps://www.dfs.ny.gov/docs ...