Cassie Lentchner, the crypto custodian’s new COO, joins as BitGo merges with Galaxy Digital.
The bitcoin-focused subsidiary of Intercontinental Exchange was awarded both virtual currency and money transmitter licenses.
Anthony Albanese will become chief regulatory officer for the tech ventures giant in November.
The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos.
NYDIG raised the $50 million from FinTech Collective, Bessemer Ventures and Ribbit Capital.
NYDFS Superintendent Linda Lacewell said she decided to review the regulator's landmark virtual currency license in light of its impending 5-year anniversary.
The regulator hopes the new three-strike rule will encourage BitLicense applicants to ensure they've taken its feedback on board.
As the BitLicense turns five, the issuing watchdog looks to lure blockchain startups to New York, while a major brokerage firm is pivoting to crypto.
While some exchanges left New York in the wake of its implementing the BitLicense, others say the regulatory regime have helped build market share and revenue.
A list of all New York Department of Financial Service BitLicense and limited purpose trust charter recipients.
Patrick Nelson has been an advocate for bitcoin in his seven-year political career. He wants to see New York's BitLicense reformed and blockchain voting used in special cases.
A former Yang aide running for Congress sees Bitcoin as a liberator, New York’s BitLicense as a hindrance and universal basic income as an imperative.
Benjamin Lawsky, the former regulator who created New York’s BitLicense in 2015, joined a bitcoin fund manager nearly a year before it applied for, and received, the license.
Eris Clearing, the clearing and settlement arm of ErisX, has been awarded the hard-to-come-by Virtual Currency License from New York's Department of Financial Services.
An SPDI charter offered in Wyoming lets U.S. firms offer banking and custody services under a regulator that’s not the FDIC, but the application and capital requirements are as rigorous as launching a de novo state-chartered bank.