31 Oct '16, 6pm

Slow BitLicense approval dims New York's bitcoin global hub aspirations - Digital Trends

Slow BitLicense approval dims New York's bitcoin global hub aspirations - Digital Trends

New York’s bitcoin licensing has been nickel and dimed. The state’s shot at jumping in early to be the world bitcoin center has been deflected by a sluggish license approval process, according to Reuters . Financial regulators at the Department of Financial Services (DFS) may be skeptical about bitcoin, but even so, they wanted the state to be virtual currency central last year when they developed a licensing process. Virtual currency firms that want to hold and exchange virtual funds for U.S. and other currencies have been required to apply for a “BitLicense” since June 2015. Top people including the head of DFS left the regulatory agency shortly after the new rules and licensing process were put in place, however, which has made BitLicense application approval anything but a “New York minute.” “By putting the regulations together and having key staff members leaving almo...

Full article: http://www.digitaltrends.com/cool-tech/nyc-bitcoin-bitlic...

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New York's bitcoin hub dreams fade with licensing backlog

New York's bitcoin hub dreams fade with licensi...

yahoo.com 31 Oct '16, 5am

NEW YORK (Reuters) - New York's financial regulator had sights set on becoming a global hub for innovations like bitcoin w...

New York's bitcoin hub dreams fade with licensi...

reuters.com 31 Oct '16, 8am

NEW YORK New York's financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopt...

New York's bitcoin hub dreams fade with licensi...

reuters.com 31 Oct '16, 8am

NEW YORK New York's financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopt...

New York's bitcoin hub dreams fade with licensing backlog

New York's bitcoin hub dreams fade with licensi...

reuters.com 31 Oct '16, 5am

NEW YORK New York's financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopt...

New York's bitcoin hub dreams fade with licensi...

reuters.com 31 Oct '16, 5am

NEW YORK New York's financial regulator had sights set on becoming a global hub for innovations like bitcoin when it adopt...

New York's bitcoin hub dreams fade with licensi...

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New York’s Bitcoin Hub Dreams Fade With Licensi...

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