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Tag Archives: new york

PayPal Gets “Conditional” BitLicense, Will Work with Paxos Trust

New York has always been strict when it comes to bitcoin and cryptocurrency, but now that PayPal has entered the crypto fray, it looks like the company’s position in the Big Apple just got a whole lot easier.PayPal Is Asserting Itself in New YorkIt has been announced that PayPal has been given what’s known to as a “conditional” BitLicense. The circumstances of the license are somewhat different from just a straight-up BitLicense application. The former permits PayPal to attach itself and work...

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Upstate New York Is a Growing Hotspot for BTC Miners

New York is a growing hotspot for bitcoin and cryptocurrency mining companies like Greenidge Generation.New York – Where Bitcoin Miners Never SleepOften, New York is known for being a rather expensive place. The real estate alone attracts only the rich and famous, while a bowl of soup in an upscale Manhattan restaurant is likely to cost $100 or more. New York may be pricier than other places, but its upstate region appears to offer some relatively cheap energy, which makes it a prime location...

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It’s Three Strikes and You’re Out for Companies Seeking a BitLicense

A new three-strike rule is now in effect for crypto businesses looking to apply for New York’s dreaded BitLicense.The Dreaded BitLicense Just Got a Lot WorseRegulators have issued a warning telling users that anyone looking to apply for a BitLicense could potentially have their applications thrown out or quickly rejected granted they do not follow the feedback or rules brought forth by New York-based lawmakers. Granted a rejection occurs three times, the company will not be permitted to try...

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New York: Bitcoin-Unternehmen müssen Corona-Notfallpläne erstellen

Charging Bull, auch als Wall Street Bull oder Bowling Green Bull bezeichnet, ist eine Bronzestatue von Arturo Di Modica (* 1941), die im Bowling Green Park im Financial District in Manhattan, New York City steht. Sie wurde ursprünglich als Streetart aufgestellt. Das NYDFS (New Yorker Finanzdienstleistungsministerium) hat dieser Tage sehr viel zu tun. Nachdem die Corona-Krise, die anfänglich von dem Präsidenten der Vereinigten Staaten von...

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Bakkt: Bitcoin Futures gefragt wie noch nie!

Seit Montag, dem 22. Juli 2019 bietet Bakkt seine Dienstleistungen für die ersten Kunden an. Zuallererst: Wer wissen möchte, warum Bakkt so heisst, findet die Aufösung unten in diesem Blogpost. Aber jetzt zum eigentlichen Thema: Seit Mitte Januar steigt das Tagesvolumen im Bakkt Bitcoin-Terminmarkt stetig an. Trotz heftiger Kritiker von einigen Investoren, welche der derzeit...

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New York Is Looking to Release Its Own Blockchain Payment System

Here’s an interesting “reversal of attitude.” The state of New York – which up to this point, has been relatively anti-crypto – is suddenly announcing plans to launch its own cryptocurrency payment system in the coming years.Does New York Suddenly Love Crypto?This is strange given that New York has widely been criticized for stifling cryptocurrency and blockchain innovation within its borders. The state issued the dreaded BitLicense approximately five years ago.Many saw this document as a...

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Is the BitLicense About to Lighten Up on Crypto Ventures?

New York has never been a crypto-friendly haven. Thanks to the regulations set forth by the now infamous BitLicense, the Big Apple has garnered a reputation for allegedly being anti-blockchain.The BitLicense Is About to Lighten UpBut now, changes are being made to the region’s regulatory protocols that may make things easier for crypto companies looking to do business in the city that doesn’t sleep. The New York State Department of Financial Services (NYDFS) has suggested adding new...

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Fidelity Investments Has Gotten Its Own BitLicense

The dreaded BitLicense is widely regarded as one of the most notorious and controversial pieces of crypto legislation ever administered, which is why whenever a company gets one, it’s kind of a big deal.The BitLicense Isn’t Hated By AllAmong the recent companies to get their hands on a BitLicense is Fidelity Investments, which opened its crypto assets trading division not too long ago. The license will allow the company to operate in the Big Apple and provide all its crypto and blockchain...

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St. Moritz: Cameron und Tyler Winklevoss an Crypto Finance Conference

Cameron und Tyler Winklevoss gründeten gemeinsam Gemini, eine Börse für Kryptowährungen und Depotbank, um eine Brücke in die Zukunft des Geldes zu schlagen. Cameron und Tyler Winklevoss, Mitbegründer von Gemini, treten im Januar 2020 an der dritten jährlichen Crypto Finance Conference in St. Moritz als Referenten auf. Die Mitbegründer der Gemini Trust Company, LLC und Winklevoss Capital Management LLC und Hauptcharaktere des New York...

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