Eris Clearing Awarded First BitLicense Of The Year

Eris Clearing, has been granted the Virtual Currency License from New York’s Department of Financial Services (NYDFS. What this means for the company is that it is now allowed to legally operate cryptocurrenc...

Winklevoss Twins Seek Trust Company Charter for Gemini

Tyler and Cameron Winklevoss have reportedly filed paperwork with the New York Department of Financial Services (NYDFS) to obtain a trust company charter for their planned bitcoin exchange, Gemini. itBit bec...

Users, Miners and Merchants Exempt from BitLicense

The New York state financial regulator - New York State Department of Financial Services (NYDFS), issued today its final rules for firms in the crypto currencies industry, with the main focus on bitcoin, tryi...

BitLicenses Proposed in NY, What They Are And Reaction

Among US jurisdictions, New York has been one of the most involved in analyzing digital currencies, their risks, benefits, and potential means to regulate them.  Spearheading the initiative has been a vibrant...