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Title: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: elux on May 07, 2015, 07:10:31 PM https://i.imgur.com/EMRymTH.png
So, what is this. Don't go to jail card? Original here. (http://www.dfs.ny.gov/banking/auth_cert_itBit_052015.pdf) (PDF) Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: elux on May 07, 2015, 07:20:05 PM Licensed in 50 states, without having to go through painful state by state MSB licensing?
Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: 600watt on May 07, 2015, 08:43:38 PM Quote New York State’s top financial regulator has granted the first license to a Bitcoin exchange, allowing it to open legally to customers across the country Quote The trust company charter gives itBit a banklike status and appears to make it the winner in a race among Bitcoin exchanges to become the first to be fully regulated in the United States. Quote ItBit avoided the need for a BitLicense by instead applying for a trust company charter, which appears to come with even stricter regulations. It is the first trust company to be created in New York since the financial crisis. impressive, i'd say. :) http://www.nytimes.com/2015/05/08/business/dealbook/bitcoin-exchange-receives-first-license-in-new-york-state.html?_r=0 Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: Serpens66 on May 07, 2015, 08:56:42 PM I tested Itbit about half a year ago and decided to never use them, because it is (at least was, I don't know how they are now) a bad small exchange. I tested several other small exchanges that time and all of them, even "indacoin" were better than itbit.
Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: LFC_Bitcoin on May 07, 2015, 10:38:11 PM I won't be using this exchange but this can't be anything other than good news.
It's small but every couple of months there seems to be steps being taken to regulate bitcoin now. It hasn't had much positive impact on the price YET but it will eventually. There are a number of things in the pipeline which added to this will attract new investors & new money into bitcoin. I predict great things for bitcoin in the next 12 months people. Don't miss the train because once it's gone it's gone. Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: Cconvert2G36 on May 08, 2015, 12:18:45 AM Winklevii outmaneuvered again. It just won't stop.
itbit's chartered trust route was pretty shrewd. Looks like they're paying off the right contacts with board seats. Anybody trade there? Looks like their volume is at 4k btc today? Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: Hunyadi on May 08, 2015, 04:25:37 AM Nice! Bitcoin infrastructure is growing nicely.
Title: Re: ITBIT LLC Chartered Authorization Certificate (Signed Ben M. Lawsky) Post by: Brewins on May 08, 2015, 04:44:11 AM Finally some licensed exchange in NY.
But low volume so far, even though with high prices |
