Kraken and BitFinex Discontinue Bitcoin Services in New York

By August 10, 2015Bitcoin Business

Bitcoin exchanges Kraken and BitFinex has decided to discontinue their services in the New York City. With the announcement, the two exchanges joined the ranks of a one-too-many Bitcoin companies that have left the Empire state citing concerns with its recent licensing act, the BitLicense . Enacted and imposed by the New York Department of Financial Services (NYDFS), the new digital currency regulatory framework has raised many eyebrows for allegedly impeding the growth of […]

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