-Bitcoin news, price, information & analysis
Bitcoin prices in range mode Controversial AB 1489 bill introduces stringent rules for VCs Transactional volumes low but the trend has been positive The question is whether AB 1489, a new Californian bill, will pass as the state follows the New York route. If so, it is likely...
Wheels are still turning in the US crypto industry despite the month long government shutdown. At least they are in New York anyway where crypto exchange Robinhood has just been granted a BitLicense to open up shop. Robinhood Coming to New York The commission free crypto startup that...
New York’s chief financial regulator has approved a Bitcoin-based ATM company to receive a controversial Bitlicense, granting them the ability to offer their services in the state. Coinsource Granted Bitlicense From New York Department of Financial Services Coinsource Inc., the company behind a wide-number of Bitcoin automated-teller machines...
Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the...
Shares of payment firm Square Inc. more than doubled in value last year, and the company has seen an almost 50% increase in its stock since it began offering Bitcoin trading to it’s customers in November. Square Sees Stock Prices Soar Thanks to Bitcoin Trading Square added about $8...
New York state is famously tough on cryptocurrency trading but has recently struck some big deals with Bitcoin mining companies. Now the authority that controls electricity say prices for such activities is going to cost more. Mining Operation a Boon to Small Town It was only last month...
South Korea is examining a licensing system to regulate the country’s cryptocurrency exchanges in a major turn around from its previous harsh stance. A turn around from hardline approach After announcing less than a month ago that some or all cryptocurrency exchanges may be shut down in the aftermath...
Policymakers continue to oppose bitcoin and cryptocurrencies in certain regions of the world. California legislators have tried to introduce their version of BitLicense a while ago. Luckily, those plans were shot down relatively quickly, not once, but twice. It appears a new proposal under the name AB 1123...
Bitcoin wallet and exchange Coinbase yesterday announced that they have obtained the Bitlicense from the New York Department of Financial Services (NYDFS). It is the formal license to carry out digital currency-related businesses in the state of New York. Coinbase believes that the long-term success of virtual currency and blockchain...
Poorly drafted regulations have again started to haunt Bitcoin businesses. Many cryptocurrency platforms have fallen victims to the fiasco, choosing to either move away from a particular market/location or shut their shops entirely. BitPhone is the latest company to succumb to the injuries inflicted by regulations. The cryptocurrency-based encrypted...
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