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Cryptocurrency brokerage firm Genesis Global Trading has become the latest firm to receive a BitLicense from the state’s financial regulatory. The New York-based Genesis on Thursday announced that the ...

Bitcoin has the potential to drain the money and influence out of Wall Street, but increasingly it looks as if only Wall Street will have the money and influence to run companies that deal in Bitcoin.

WASHINGTON — The New York licensing process for virtual currency companies is stoking fears that firms which do apply could inadvertently open themselves up to prosecution. The first wave of virtual ...

The BitLicense imposes significant operational burdens for virtual currency businesses operating in New York or engaging in activities aimed at New York residents. Virtual currencies are digital ...

New York has long been the financial hub of the United States and it is the home of the famous Wall Street stock exchange. However, as a technological instrument of finance and exchange, Bitcoin has ...