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In the midst of a series of minor regulatory moves by the New York State government regarding cryptocurrency, Genesis Global Trading has been granted a BitLicense by the Department of Financial Services. Genesis is the fifth firm to have been granted a BitLicense since the program’s inception in 2015.
Earlier this week, the state granted authorization to the Gemini Trust Co. exchange to offer Zcash trading options, making Gemini the world’s first licensed Zcash exchange.
The following day, the New York City Economic Development Corporation (NYCEDC) announced the launch of a Blockchain Resource Center and a blockchain app ... (read more)