BitGo, a digital asset financial services provider, announced on Thursday it received a New York Trust license to operate as an independent, regulated qualified custodian under New York State Banking Law. BitGo reported that the charter was issued by The New York State Department… Read More
Read more in: Blockchain & Digital Assets | Tagged bitgo, department of financial services, new york, trust charter
The New York Department of Financial Services (DFS) has scheduled its first-ever “Techsprint” that will take place in 2021. The event will focus on digital regulatory reporting for virtual currency companies. As New York is a global financial hub, many Fintech firms are based… Read More
Read more in: Blockchain & Digital Assets, Fintech, Politics, Legal & Regulation, Regtech & Legaltech | Tagged alliance for innovative regulation, conference of state bank supervisors, department of financial services, dfs, event, john ryan, linda lacewell, new york, nydfs
Blockchain payments technology platform BitPay announced on Monday it received its Virtual Currency License from the New York Department of Financial Services. This news comes just a few months after BitPay secured $40 million through its extended Series B funding round. Founded in 2011, BitPay’s platform gives businesses and individuals… Read More
Read more in: Blockchain & Digital Assets | Tagged bitpay, department of financial services, new york, virtual currency, virtual currency license
Financial Services Superintendent Maria T. Vullo announced this week that the Department of Financial Services (DFS) has authorized Paxos Trust Company LLC, formerly known as itBit Trust Company, to offer a permissioned, blockchain-based post-trade platform settlement service called Bankchain, and has granted a virtual currency… Read More
Read more in: Blockchain & Digital Assets | Tagged blockchain, department of financial services, dfs, maria t. vullo, new york
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