BitLicense


Policy

NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says

NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.

New York Department of Financial Services Superintendent Adrienne Harris (Nik De/CoinDesk)

Policy

Crypto Trading Firm Cumberland Acquires New York's BitLicense

The company said it's one of the only principal trading firms to hold the state's crypto license.

(Michael Discenza/Unsplash)

Policy

New York's Crypto BitLicense Oversight Criticized by State's Comptroller

The New York fiscal chief says the Department of Financial Services let some things fall through the cracks as a crypto watchdog.

Superintendent Adrienne Harris's New York Department of Financial Services is being criticized for missteps in overseeing crypto BitLicense holders. (Shutterstock/CoinDesk)

Policy

Crypto World Hopeful as California Chases BitLicense in Absence of U.S. Feds

The BitLicense axis between New York and California may draw in other jurisdictions as the states solidify their position as the only regulatory option for crypto businesses in the U.S.

Crypto insiders credit California Governor Gavin Newsom's administration as good listeners as they work on their own version of New York's BitLicense. (Mario Tama/Getty Images)

Opinion

Can Regulators Ever Keep Up With Crypto Markets?

New York’s finance watchdog's proposed token listing requirements give up the game before it starts.

The New York Department of Financial Services is concerned about token delistings disrupting markets. (Gilbert Ortega/Unsplash, modified by CoinDesk)

Consensus Magazine

New York City: A Crypto Sandbox in a Big Business Playground

The Big Apple is big everything. The world’s financial center, it also has a huge population not only of talented developers to hire, but consumers to sell to. In such a huge and bustling ecosystem, crypto may not rate as the city’s highest priority. But like it or not, the No. 12 spot in CoinDesk’s Crypto Hubs 2023 is a place crypto companies must be.

NYC Mayor Eric Adams (Danny Nelson/CoinDesk)

Policy

NY Financial Regulator Adopts Virtual Currency Assessment Rule

The regulation affects only companies with a state-issued BitLicense.

NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)

Policy

Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense

New bills to set up a digital assets regulation in Illinois are supported by the local regulator, as states continue to surge ahead of U.S. agencies on cryptocurrency efforts.

(Neal Kharawala/Unsplash)

Finance

Trading Platform eToro Gains New York BitLicense to Provide Crypto Services

It also secured a money transmitter license from the New York State Department of Financial Services.

New York (Florian Wehde/Unsplash)

Policy

In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds

The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.

El fundador de FTX, Sam Bankman-Fried, se declaró “no culpable” de ocho cargos en un tribunal federal. (Michael M. Santiago/Getty Images)