NYDFS Receives 22 Initial BitLicense Applications

NYDFS Receives 22 Initial BitLicense Applications

The New York State Department of Financial Services (NYDFS) has revealed that it has so far received 22 applications from firms seeking to engage in virtual currency business activity in the US state. The announcement, made exclusively to CoinDesk, follows the 8th August filing deadline for businesses previously offering such services to the New York market, and does not include firms that have applied for banking charters. Speaking to CoinDesk, NYDFS deputy superintendent for public affairs Matt Anderson indicated that the agency believes this filing total shows there is "substantial....


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