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ARTICLE · 09 NOVEMBER 2018

NY DFS Grants License To Bitcoin Teller Machine Operator

Hogan Lovells Cadwalader
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Hogan Lovells Cadwalader

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The New York State Department of Financial Services ("NYDFS") granted a virtual currency license to the "first and only" company operating Bitcoin teller machines ...

United StatesTechnology
Hogan Lovells Cadwalader
Hogan Lovells Cadwalader
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The New York State Department of Financial Services ("NYDFS") granted a virtual currency license to the "first and only" company operating Bitcoin teller machines in New York. NYDFS approved the application of Coinsource, Inc. which provides customers the ability to exchange Bitcoin and cash on touchscreens kiosks in New York City, Westchester and Nassau County.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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