Tag: bitlicense

May 06 2022

Bitcoin Proponents Rally To Oppose New York Mining Moratorium

May 06 2022 Published at Bitcoin Magazine under tags  ban bitlicense business feature foundry

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.“This (Bitcoin) isn’t going to stop. Crypto mining may move somewhere where there is little or no concern for the environment.” –Ken Pokalsky, Vice-President of The Business Council of New York StatePokalsky’s words echoed...

Apr 28 2022

New York Mayor criticizes state BitLicense scheme

Apr 28 2022 Published at Coinscreed under tags  bitlicense news new york

During an interview session at a London crypto conference, Mayor Eric Adams of New York City has criticized his state's BitLicensing system, alleging that it stifles innovation and economic progress. Adams advised his state legislature peers in Albany "listen to those who are in the field" in a closing keynote interview at the Crypto and […]

Apr 23 2022

The New China: Is New York Actually Going To Ban Proof-Of-Work Mining?

The state of New York is about to shoot itself in the foot yet again. First, the infamous BitLicense drew all cryptocurrency companies away and now they’re considering banning Proof-Of-Work mining. Or at least making it very hard for mining facilities and home miners to operate from the state. The New York State Assembly will soon vote on a bill that will “create...

Mar 29 2022

New York Approves Apex Crypto Application for BitLicense

Apex Fintech Solutions, the parent company of Apex Clearing Corporation, has announced on Tuesday that the New York State Department of Financial Services (NYDFS) approved the application of Apex C...

Feb 11 2022

BitOoda Obtains BitLicense from NYDFS

BitOoda Digital, a subsidiary of digital asset firm BitOoda Holdings, recently announced that it has received a virtual currency license, also known as the BitLicense, from the New York Department ...

Aug 31 2021

Former Obama Adviser Nominated to Lead the New York State Department of Financial Services

Aug 31 2021 Published at Coingape under tags  bitlicense news new york nydfs regulation news

The entire regulatory terrain at the New York State Department of Financial Services (NYDFS) is about to change, and perhaps the impact on the cryptocurrency ecosystem as the regulator is on track to get a new head. As reported by the Wall Street Journal (WSJ), New York Gov. Kathy Hochul has nominated Adrienne Harris, a The post Former Obama Adviser Nominated to Lead...

May 07 2021

Dear Crypto, You’re Welcome In New York

Reshma Patel, a Democratic candidate for New York City’s Comptroller position, talks about her “future proof” plan for the city, which centers on investing in cryptocurrencies and blockchain technology. In this episode, she discusses: what duties the New York City Controller performs...

Mar 11 2021

Dec 11 2020

Paxos Files for National Bank Charter

Reading Time: 2 minutes Paxos has filed for a banking charter with the U.S. Office of the Comptroller of the Currency The broker, which is being used by PayPal to back their cryptocurrency platform, said it was “excited about the benefits” a banking charter could provide...

Nov 12 2020

Meet the $10B Asset Manager With a 10,000 BTC Treasury, feat. NYDIG’s Robby Gutmann

One of the (quietly) largest players in the institutional bitcoin space discusses NIDIG, the changing investor landscape and more, in his first-ever podcast interview.

Oct 26 2020

Busted: ASIC Freezes Websites & Bank Accounts of 2 “Ponzi Schemes”

Matthew Alan Beresford has been arrested and charged in connection with the alleged schemes.

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