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New York May Soon Ease Stringent Bitlicense Crypto Rules

There could be changes to the stringent “Bitlicense” rules of New York after fresh assessment by The New York State Department of Financial Services (NYDFS) as reported by Reuters on June 24, 2020. Reports indicate that the main financial regulator in the cosmopolitan city may tweak rules, subsequently eliminating hurdles faced by virtual currency businesses looking to set base





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