BitLicense

BitLicense

Patakaran

BitLicense at 5: For Startups Regulated Overseas, New York Isn't So Tough

While some exchanges left New York in the wake of its implementing the BitLicense, others say the regulatory regime have helped build market share and revenue.

Paxos CEO Chad Cascarilla said his company's BitLicense application was 1,000 pages long. (CoinDesk archives)

Patakaran

BitLicense at 5: Despite Architect Lawsky's Hopes, Few States Copied NY Rules

Few states have developed their own cryptocurrency regulations – and none that did build a regulatory regime have followed the New York model.

Benjamin Lawsky (NYDFS/Wikimedia Commons, altered with PhotoMosh)

Patakaran

BitLicense at 5: A Timeline of New York's Landmark Cryptocurrency Regulation

The BitLicense was first proposed in 2013, but wasn't implemented until mid-2015. CoinDesk outlines the major events in its history.

(Raoyang Yang/Shutterstock)

Patakaran

New York Moves to Lure Crypto Startups as BitLicense Turns Five

Five years after erecting a wall around its market few crypto startups could scale – a wall known as the BitLicense – New York is handing down a ladder.

NYDFS Superintendent Linda Lacewell (NYDFS)

Patakaran

BitLicense Recipients

A list of all New York Department of Financial Service BitLicense and limited purpose trust charter recipients.

(Raoyang Yang/Shutterstock)

Merkado

Meet the Pro-Bitcoin, Anti-BitLicense Democrat Running for State Office

Patrick Nelson has been an advocate for bitcoin in his seven-year political career. He wants to see New York's BitLicense reformed and blockchain voting used in special cases.

Patrick Nelson is running for New York State Senate after making a name as a pro-bitcoin and anti-BitLicense local politician (Credit: Patrick Nelson)

Merkado

Ex-Yang Aide Is Running for Congress With Bitcoin and UBI on His Mind

A former Yang aide running for Congress sees Bitcoin as a liberator, New York’s BitLicense as a hindrance and universal basic income as an imperative.

Credit: Herzog Campaign

Merkado

Fund Manager Got NY BitLicense 11 Months After Hiring Its Architect

Benjamin Lawsky, the former regulator who created New York’s BitLicense in 2015, joined a bitcoin fund manager nearly a year before it applied for, and received, the license.

(Credit: New America/Flickr)

Merkado

ErisX Becomes Latest Crypto Firm to Receive New York's BitLicense

Eris Clearing, the clearing and settlement arm of ErisX, has been awarded the hard-to-come-by Virtual Currency License from New York's Department of Financial Services.

ErisX CEO Thomas Chippas (Credit: CoinDesk archives)

Pananalapi

What It Takes to Get a Crypto-Friendly Bank Charter in Wyoming

An SPDI charter offered in Wyoming lets U.S. firms offer banking and custody services under a regulator that’s not the FDIC, but the application and capital requirements are as rigorous as launching a de novo state-chartered bank.

wyoming