Bitcoin and Ethereum Exchange Coinbase Granted New York BitLicense

[kreslik.news]

Coinbase, the San Francisco headquartered Bitcoin and Ethereum cryptocurrency exchange and wallet provider, has been granted a New York virtual currency license – commonly known as a BitLicense. The regulators say this comes after they conducted a rigorous review of Coinbase’s operations, including the company’s anti-money laundering, capitalization, consumer protection, and cyber security standards.

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New York State Department of Financial Services (DFS) Superintendent Maria T. Vullo said: “Through the creation and promotion of strong state-based regulation, DFS continues New York’s long record of being responsive to technological innovation. ... (read more)