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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.

The fund injection will be used to expand the startup's operations including its Chainalysis Know-Your-Transaction (KYT) tool which allows more than 100 crypto exchanges and financial institutions to vet their clients.

Essentially, Bitwage now allows companies across the United States and Puerto Rico to fund their W2 payrolls and payroll taxes in ether and bitcoin.

Under the BitLicense, NYDIG Execution LLC is now allowed to offer secure custody and trade execution services, as well as to operate as a custodian for virtual currencies, including bitcoin, bitcoin cash, ether, ripple and litecoin.

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals.

The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for...

If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings.

Although Kraken is happy to work with regulators and law enforcement, “we will not stand by silently while rights are trampled on," says CEO Jesse Powell.

New York Attorney General’s office has made its findings on cryptocurrency exchanges public in a report titled “Virtual Markets Integrity Initiative."