NYDFS to Update BitLicense’s Terms for the First Time in 5 Years
Helen Partz's original article for cointelegraph.com reduced by 79%
The New York Department of Financial Services is planning to update its virtual currency license for the first time in nearly five years. The first proposal stipulates that the NYDFS will provide a list of all coins that are allowed for virtual currency business activities without the prior approval by the authority. The second update includes a proposed model framework for coin listings that can be implemented to create a specific coin listing or adoption policy.
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CN [too long; didn’t read]
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