Express

NYDFS Set To Amend The BitLicense

Janelle Fox

Summary: The New York Department of Financial Services is ready to amend the infamous BitLicense, which could lead to a more painstaking process for listing coins, according to TheBlock. The NYDFS is proposing two new options to the coin listing process. One would be to propose a page that shows a list of coins allowed by ...

The New York Department of Financial Services is ready to amend the infamous BitLicense, which could lead to a more painstaking process for listing coins, according to TheBlock.

The NYDFS is proposing two new options to the coin listing process. One would be to propose a page that shows a list of coins allowed by the agency. The second suggestion is a framework for listing new coins "that can be tailored to a VC licensee's specific business model and risk profile." over 20 cryptocurrency companies have been granted the license since it’s inception in 2015

By Janelle Fox

Last Update:

Tags: ,,
Link: NYDFS Set To Amend The BitLicense   [Copy]
Next:

Related Articles

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 15 days ago

    • You need to login to comment.