New York-based members of the Bitcoin and crypto industry tell the Adams administration that it needs to cut the red tape if New York is to become the crypto capital of the world.
Certain Democrats have made the case that the U.S. federal government should follow New York State’s lead when it comes to Bitcoin and crypto regulation. This is a terrible idea.
Bitcoiners and politicians come together in Albany, New York to speak out against a proposed ban on proof-of-work mining and to keep industry jobs in the state.
In a letter dated April 10, 2019, the New York State Department of Financial Services (NYDFS) rejected the cryptocurrency exchange's BitLicense application, a requirement for offering crypto-based services to New Yorkers.
Bitstamp, one of the largest crypto exchange platforms in Europe, has been become the 19th firm approved to offer crypto-based services in the world's financial center.
Investors who use BitGo's custody service can now trade their assets directly from their BitGo custody account, without the need to move the assets to an exchange.