Bittrex is not telling the full story about its BitLicense denial, a New York Department of Financial Services official writes.
NYDFS has rejected Bittrex's application for a BitLicense, citing "inadequate" AML compliance among other reasons.
Europe-based crypto exchange Bitstamp has just received New York's 19th BitLicense, allowing it to offer five crypto trading pairs in the state.
The NYDFS has awarded its 18th BitLicense to prime broker startup Tagomi Trading.
NYDFS has granted a third bitcoin ATM operator a BitLicense Thursday, with Cottonwood Vending LLC becoming the latest recipient.
New York will be forming a task force to analyze the crypto space, which may go as far as proposing updated regulations for the state.
Bitcoin ATM operator Coinsource has received a BitLicense from New York's financial watchdog, a full three years after first applying.
Digital payments startup Square has received a BitLicense through the NY Department of Financial Services.
The license is has come in for intense criticism, in part because so few firms have been granted one.
Jesse Powell and Erik Voorhees delivered red-meat rhetoric but also made subtler points about New York's cryptocurrency regulations at Consensus 2018.