Bitcoin Exchanges Kraken and Bitstamp Cut Services in New York

By August 9, 2015Bitcoin Business

bitlicense, kraken Kraken and Bitstamp, two of the largest bitcoin exchanges by investment funding and daily trading volume, have indicated they will not be applying for licenses to operate in New York.

The development is the latest in the ongoing debate over the BitLicense, New York’s state-specific regulation for bitcoin businesses, which continues to be a lightning rod for criticism from both within the bitcoin community and more widely among mainstream technology advocacy groups . […]

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