Bitlicense news and trends

California Crypto Bill Would Be as Tough as New York’s BitLicense, Critics Say
Cryptocurrency // September 01, 2022

With a comprehensive crypto licensing bill awaiting California Governor Gavin Newsom’s signature, the U.S.’s largest market has jumped into the fight over consumer protection and innovation that is dominating federal attempts to create a regulatory regime for digital assets. Get the Full Story Complete the...

In US First, NY Requires Stablecoins to Be Backed by Cash
Cryptocurrency // June 08, 2022

New York was the first state to put a regulatory framework in place for cryptocurrencies with its Bitlicense, and now it is doing the same for stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cryptocurrency Trading On PayPal Now Active For All Users
Cryptocurrency // November 12, 2020

PayPal announced in a press release Thursday (Nov. 12) that all PayPal users can officially hold, buy and sell cryptocurrencies on the app, a feature that previously had been waitlisted for many users. Get the Full Story Complete the form to unlock this article and...

NY Financial Watchdog Calls For Easier Introduction Of Virtual Currency
Bitcoin // December 11, 2019

The New York State Department of Financial Services (DFS) is proposing revised rules for the listing of new virtual currencies and will review the state’s BitLicense, the regulator announced in a press release on Wednesday (Dec. 11). Get the Full Story Complete the form to...

Interviews & Exclusives
California Crypto Bill Would Be as Tough as New York’s BitLicense, Critics Say

September 01, 2022
With a comprehensive crypto licensing bill awaiting California Governor Gavin Newsom’s signature, the U.S.’s largest market has jumped into the fight over consumer protection and innovation that is dominating federal attempts to create a regulatory regime for digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]

Quick Reads
Cryptocurrency Trading On PayPal Now Active For All Users

November 12, 2020
PayPal announced in a press release Thursday (Nov. 12) that all PayPal users can officially hold, buy and sell cryptocurrencies on the app, a feature that previously had been waitlisted for many users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no […]

NY Financial Watchdog Calls For Easier Introduction Of Virtual Currency

December 11, 2019
The New York State Department of Financial Services (DFS) is proposing revised rules for the listing of new virtual currencies and will review the state’s BitLicense, the regulator announced in...

Bitcoin Daily: NYDFS Takes New Look At Virtual Currency License; Binance To Add Support For...

October 23, 2019
The New York Department of Financial Services (NYDFS) is taking a closer look at the BitLicense, which requires all companies that process cryptocurrency transactions with New York residents to be...

Square Gets License From New York To Enable Bitcoin Trading

June 18, 2018
Square, the payments company founded by Jack Dorsey, has received a license to enable residents in New York state to buy and sell bitcoin via its Cash App. Get the...