New York Orders Bittrex to Cease Operations but Approves Bitstamp

New York State’s financial regulator has ordered Bittrex to cease operating in the state after rejecting its application for a Bitlicense. Multiple deficiencies were cited, some of which Bittrex immediately disputed. Meanwhile, Bitstamp has been green-lighted to offer the trading of five cryptocurrencies in the state. Also read: Indian Supreme Court Postpones Crypto Case at … Read more

New York Regulator Grants Licenses to Robinhood Crypto and Libertyx

Robinhood Crypto and Libertyx have been granted licenses by the New York State Department of Financial Services. Robinhood is now authorized to offer the buying, selling and storing of seven cryptocurrencies. Meanwhile, Libertyx has become the first Bitlicensee to allow customers to use debit cards to purchase BTC from traditional ATMs in New York. Also … Read more

New York Regulator Approves Coinbase’s Custody Services for Six Cryptocurrencies

The New York State Department of Financial Services has licensed a subsidiary of Coinbase to operate as an independent qualified custodian. The regulator has also approved Coinbase’s custody services for six major cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Custody Licensed The New York State Department of Financial Services (NYDFS) announced … Read more