Coinsource Becomes First Bitcoin ATM Operator with Bitlicense

[kreslik.news]

The operator of the largest network of Bitcoin ATMs, Coinsource, has become the latest company to acquire a bitlicense in the US. The news makes the company only the twelfth holder of the lucrative permit.

The New York Department of Financial Services granted Coinsource the permit after the firm placed over 40 machines in the state. The company is the first Bitcoin ATM operator which becomes a holder of the bitlicense.

Coinsource started the application process over three years ago in the summer of 2015. Until now the company was operating in New York with a provisional license.

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