Bookmarking Crypto Insights
Auto Added by WPeMatico
Robert K. Hur, United States Attorney from the Maryland district, filed a motion on July 20, 2018 to dismiss a 2013 three-count indictment against Ross Ulbricht which included murder-for-hire allegations. Mr. Ulbricht, 34, was prosecuted under a separate indictment out of the New York district as Dread Pirate Roberts, principal operator of underground online marketplace … Read more
The New York Department of Financial Services has granted a BitLicense to crypto payments operator BitPay Go to Source Powered by WPeMatico
The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and Bitcoin Mining On paper, there … Read more
New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs.” Also Read: Cash … Read more
The state of New York has endorsed a new electricity structure for crypto miners who are interested in conducting operations there, allowing them to negotiate contracts Go to Source Powered by WPeMatico
Since the infamous Bitlicense was put into effect, the ecosystem has fought for its removal. It turns out to be much harder in practice than in theory to oust a law once it’s put into effect. The good news is groups like Startup Cities are on the case. They’ve snagged a candidate for governor to … Read more
DOJ used special agents posing as crypto traders in order to arrest more than 35 people for selling illegal items on the darknet Go to Source Powered by WPeMatico
The state of New York has been rather interesting to keep an eye on when it comes to Bitcoin and other cryptocurrencies. Given the state’s introduction of BitLicense, it has become evident that it wants to subject service providers to very strict regulations. Square, the well-known payments company, has received a virtual currency license, which … Read more
Square receives NYC BitLicense, New York Cash App users now able to buy and sell Bitcoin Go to Source Powered by WPeMatico
The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York. Also Read: Cryptocurrency Brokerage Service Genesis Global Granted Bitlicense Square Has Obtained … Read more
