Tag: bitlicense

BitLicense-like Bitcoin Regulation is Coming to Five Additional US States

In the cryptocurrency world, there is always a lot of dismay when governments or policymakers try to introduce some form of regulation. In the United States, the introduction of BitLicense has been discussed heavily in recent years.  It now seems very similar guidelines might be making their way to as many as five additional states in the near future. The BitLicense Concept is Still Alive Although it has gone relatively …
[Read More]

Genesis Global Trading Secures Its BitLicense

The BitLicense has been an interesting development in the world of cryptocurrency. In fact, it has been subject to so much controversy and debate, one would almost forget companies are actively pursuing this license these days. Genesis Global Trading is the most recent firm to have been granted a BitLicense, which means it can officially operate in the state of New York. Genesis Global Trading Gets a BitLicense Anyone who …
[Read More]

Bitcoin Price Watch: Currency Spikes to $8,800

At press time, bitcoin is trading for roughly $8,800. This is a $200 jump from where it stood just 24 hours ago, and investors are receiving a glimmer of hope for the future. The price bump suggests that bitcoin’s power is continuing to grow stronger, and despite a few ups and downs this week, the currency is finding it relatively easy to recover from negative hype. Granted bitcoin can keep …
[Read More]

Bitcoin Enthusiasts Organize “Abolish the BitLicense” Protest

Bitcoin regulation will always remain a very touchy subject among industry experts. Although an official guideline for service providers helps legitimize cryptocurrency as a whole, there are some negative side effects as well. A group of Bitcoin enthusiasts now want to abolish the BitLicense altogether. Can we Abolish the BitLicense? It is safe to say the state of New York is not particularly cryptocurrency-friendly as of right now. This story dates …
[Read More]