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Bitcoin Exchange Receives First License in New York State
New York State’s top financial regulator has granted the first license to a Bitcoin exchange, allowing it to open legally to customers across the country. The exchange, itBit, said Thursday morning that it was beginning to take on customers in the United States immediately after receiving a banking trust charter from New York State’s Department of Financial Services and its superintendent, Benjamin M. Lawsky, who has been trying for some time to bring new rules to the fledgling virtual currency industry. In addition to the new license, itBit, which has offices in New York and Singapore, also announced on Thursday ... (full story)
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