N.Y. issues charter to bitcoin firm

By May 7, 2015Bitcoin Business

ItBit Trust Co., a New York start-up that allows investors to trade dollars for bitcoins, started operating Thursday under a banking trust charter that it says allows it to function legally in all 50 states. Above, bitcoin medals. (KAREN BLEIER, AFP/Getty Images) NEW YORK — New York state issued its first charter for a bitcoin exchange, providing a major dose of legitimacy for the virtual currency as it begins to move from the margins […]

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