Tagged: department of financial services

BitPay Granted Virtual Currency License By New York State Department of Financial Services

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

Paxos Now Authorized By New York’s Department of Financial Services to Offer Bankchain Precious Metals Platform

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

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