Blockchain and Cryptocurrency
Bitcoin Wallet Provider Receives BitLicense from the State of New York
By Richard B. Newman |
Despite its stringent laws pertaining to the crypto sector, reports are that cryptocurrency wallet and vault Xapo, Inc. has received a ‘BitLicense’ from the New York Department of Financial Services. DFS has also authorized Paxos Trust Company LLC, f/k/a itBit Trust Company, to offer exchange and custody services for Ether, Litecoin, Stellar Lumens and Bitcoin…