Модератор: Moderators
Who Requires a License?
In short: pretty much everyone. Businesses that:
Convert digital currency to government currency or another digital currency
Receive digital currency for transmission
Transmit digital currency
Secure digital currency
Store, hold or take control of digital currency.
…all need a BitLicense.
This is true for any business that “involves” New York or any person:
Residing in New York,
Temporarily located in New York, or
Working in New York.
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