NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York to Supervise Them

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NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York to Supervise Them

Only crypto companies with a BitLicense – a special business license granted by NYDFS that allows firms to business in New York – will be subject to the assessments. Just 22 companies currently hold a BitLicense, which is notoriously difficult to obtain, and only three have been issued this year. www.coindesk.com

Only crypto companies with a BitLicense – a special business license granted by NYDFS that allows firms to business in New York – will be subject to the assessments. Just 22 companies currently hold a BitLicense, which is notoriously difficult to obtain, and only three have been issued this year.

www.coindesk.com