BitLicense

BitLicense

Patakaran

In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds

The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.

El fundador de FTX, Sam Bankman-Fried, se declaró “no culpable” de ocho cargos en un tribunal federal. (Michael M. Santiago/Getty Images)

Patakaran

California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins

The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders.

California's state flag (Getty Images)

Pananalapi

PayPal Converts Conditional Virtual Currency License to Full BitLicense

The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today.

(Getty Images)

Patakaran

Can You Really Build a ‘Crypto Empire’ in the Empire State?

Mayor Eric Adams wants to make New York City the biggest crypto hub in America, but there are a host of obstacles in his way.

New York City Mayor Eric Adams has already accepted his first three paychecks in bitcoin. (Getty Images/Michael Lee)

Mga video

Everything You Need to Know About New York’s New Crypto Bill

The Blockchain Association New York State Lead John Olsen discusses a recent bill passed in the New York State Assembly to ban non-renewable crypto mining. Olsen explains the details of the legislation, the chances of it getting passed in the Senate and misconceptions about blockchain technology amongst lawmakers.

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Patakaran

Xapo Gives Up Its NYDFS BitLicense

The New York Department of Financial Services said Xapo surrendered its virtual currency license on Jan. 11.

Xapo founder Wences Casares speaks at Consensus 2015.

Mga video

How New York’s BitLicense Could Hinder Crypto Innovation in the State

New York’s landmark cryptocurrency regulation BitLicense debuted in 2015 to mixed reviews. Lolli co-founder and CEO Alex Adelman discusses its continuing impact on his bitcoin rewards company and on the wider landscape of New York’s crypto world.

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Mga video

Removing BitLicense Is New York City Mayor-Elect Eric Adams’ ‘First Order of Business’

The next mayor of New York City, Eric Adams, has expressed his support for CityCoins’ NYCcoin program. Could Adams’ endorsement see some more pro-crypto amendments to New York’s controversial 2015 BitLicense regulations? “No doubt, [Eric Adams] is trying to get BitLicense [regulations] lessened or removed,” CityCoins’ Patrick Stanley said.

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Patakaran

Kill the BitLicense

The state’s regulatory regime has been bad for New York and bad for crypto.

(Michael Discenza/Unsplash)