BitLicense #6: New York Grants Cryptocurrency License to Bitcoin Wallet Xapo

Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. In an announcement on Thursday, the New York Department of Financial Services (NYDFS)’s superintendent Maria T. Vullo said the authority is furthering “New York’s continued commitment to creating The post BitLicense #6: New York Grants Cryptocurrency License to Bitcoin Wallet Xapo appeared first on CCN

Read More

Newsflash: Bitcoin Price Dives Below $7,900 after New York Opens Probe into Exchanges

Bitcoin price dove below $7,900 on Tuesday after the New York Attorney General’s office announced that it had opened an inquiry into the cryptocurrency exchange industry. The flagship cryptocurrency had traded above $8,000 for most of the day, with many analysts arguing it would embark on a bull run now that tax season is coming The post Newsflash: Bitcoin Price Dives Below $7,900 after New York Opens Probe into Exchanges appeared first on CCN

Read More