In a letter released to the public on April 10, 2019, New York’s Department of Financial Services (DFS) denied Bittrex’s two separate applications to engage in a virtual currency business and to engage in money transmission activity in New York state.
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DFS
New York DFS Licenses First Bitcoin Teller Machine Operator
By Scott H. Kimpel on
Posted in Cryptocurrencies
On November 1, 2018, the New York Department of Financial Services announced its approval of the first virtual currency license for an operator of Bitcoin teller machines. According to DFS, to date it has now approved 12 charters or licenses for companies in the virtual currency space.
Continue Reading New York DFS Licenses First Bitcoin Teller Machine Operator