Bitlicense Application Released By New York State

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BitLicense was finalized by the New York State Department of Financial Services in June 2015 and is the first regulatory framework for virtual currencies, according to a press release. Under BitLicense rules, virtual currency firms operating in New York had until August 10, 2015, to apply for a BitLicense. So far, 25 companies have applied for.

NEW YORK STATE BITLICENSE PROPOSAL On February 4, 2015, the New York State Department of Financial Services (NYDFS) released revisions to their proposed BitLicense regulation of virtual currencies1. Though it will not be finalized until the end of an additional 30-day comment period at the earliest, this proposal is unlikely to undergo any more significant changes. This primer will attempt to.

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The New York State Department of Financial Services has released a revised version of its BitLicense proposal.

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28/jun/2015 – The New York State Department of Financial Services has released the application forms that Bitcoin companies in the state must complete by August 8 in order to register their businesses.

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09/03/2015  · On February 4, 2015, the New York State Department of Financial Services (“NYDFS”) released a revised version of its proposed virtual currency regulations (commonly referred to as “BitLicense”), originally released in July 2014. Nearly 4,000 formal comment letters were submitted by advocacy groups, financial service providers, law firms, individuals and others on the original proposal.