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Sunday, August 9, 2015

BitLicense Causes Some to Cut Services in New York

The post BitLicense Causes Some to Cut Services in New York appeared first on 99 Bitcoins.

Two of the world’s largest bitcoin exchanges, Kraken and Bitfinex, have decided to cut their service offerings to New York by refusing to apply for Bitlicenses from the state government. By doing so, Kraken, Bitfinex, and other companies that refuse to apply for licenses will have to shut down services to the state, or face [...]