itBit Files for Banking License in New York

By April 28, 2015Bitcoin Business

Bitcoin exchange itBit has filed for a banking license in New York, Reuters reports . Approval for the license may come in the next couple of weeks, people familiar with the matter told Reuters. That could make itBit the first Bitcoin company to be regulated as a bank in the United States.

Founded in 2012, itBit has offices in two key financial markets, New York and Singapore. The company moved its headquarters from Singapore to […]

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