The Real Cost of Applying for a New York BitLicense

By August 13, 2015Bitcoin Business

New York In the aftermath of the BitLicense application deadline this week, a number of prominent bitcoin companies have ceased operations in New York.

Although the reasons behind startups’ reluctance to apply for a license are varied, cost has played a significant part.

Of those who did apply – and fronted the $5,000 non-refundable application fee, most have alluded to an arduous process and high costs.But just how much did their expenditure amount to?CoinDesk has spoken […]

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