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. Along the way, it is also...
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. New York State Department of Financial Services (DFS) Superintendent Adrienne Harris announced on Wednesday (June 8) that the...
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. The feature was first introduced on Oct. 21 after PayPal was approved...
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). DFS Superintendent of Financial Services Linda A. Lacewell...
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. Along the way, it is also diving into another debate over whether stablecoins must be issued […]
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. The feature was first introduced on Oct. 21 after PayPal was approved for a BitLicense from the New York Department of Financial […]
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...
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...
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. In a...
