BitLicense

Policy

Five years after erecting a wall around its market few crypto startups could scale – a wall known as the BitLicense – New York is handing down a ladder.

By Nikhilesh DeJun 24, 2020

Policy

A list of all New York Department of Financial Service BitLicense and limited purpose trust charter recipients.

By Nikhilesh De, Sandali Handagama, Jaspreet Kalra, Danny NelsonJun 24, 2020

Markets

Patrick Nelson has been an advocate for bitcoin in his seven-year political career. He wants to see New York's BitLicense reformed and blockchain voting used in special cases.

By Daniel KuhnJun 10, 2020

Markets

A former Yang aide running for Congress sees Bitcoin as a liberator, New York’s BitLicense as a hindrance and universal basic income as an imperative.

By Benjamin PowersJun 4, 2020

Markets

Benjamin Lawsky, the former regulator who created New York’s BitLicense in 2015, joined a bitcoin fund manager nearly a year before it applied for, and received, the license.

By Danny NelsonMay 13, 2020

Markets

Eris Clearing, the clearing and settlement arm of ErisX, has been awarded the hard-to-come-by Virtual Currency License from New York's Department of Financial Services.

By Sebastian SinclairMay 6, 2020

Finance

An SPDI charter offered in Wyoming lets U.S. firms offer banking and custody services under a regulator that’s not the FDIC, but the application and capital requirements are as rigorous as launching a de novo state-chartered bank.

By Nate DiCamilloJan 14, 2020

Markets

The New York Department of Financial Services has outlined a new approach to approving what coins crypto exchanges can list in the Empire State.

By Nate DiCamillo, Nikhilesh DeDec 11, 2019

Markets

SoFi has been granted a BitLicense by NYDFS, allowing it to provide crypto trading services to New Yorkers.

By Nikhilesh DeDec 3, 2019

Markets

The New York Department of Financial Services (NYDFS) is revisiting how it licenses crypto startups.

By Nikhilesh DeOct 22, 2019