Tag: bitlicense

  • Bitcoin

    Major Milestone: New York Licenses Bitcoin ATMs, Now Fully Regulated

    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...

    newsbtc | November 2, 2018 | 9:00 am
  • Bitcoin
    Bitcoin

    Jack Dorsey’s Square Obtains Ninth BitLicense Ever

    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...

    Ricardo Esteves | June 18, 2018 | 9:00 pm
  • Industry

    Bitcoin Trading Helped Square More Than Double in Value Last Year

    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...

    newsbtc | June 1, 2018 | 2:00 am
  • southkorea
    Bitcoin

    South Korea Mulls New Crypto Licenses for Exchanges

    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...

    newsbtc | February 13, 2018 | 10:00 am
  • NewsBTC AB 1123
    Bitcoin

    California’s Version of BitLicense Returns As Legal Proposal

    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...

    newsbtc | April 25, 2017 | 11:00 am
  • BitLicense
    Bitcoin

    Coinbase Receives New York BitLicense

    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...

    Guest Author | January 18, 2017 | 1:00 pm
  • Trend

    BitPhone Shuts Down Service, Cites Regulatory Issues

    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...

    Gautham | December 7, 2016 | 1:30 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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