Bitcoin ATM operator licenses

Coinsource, a bitcoin ATM operator, has been licensed from New York Financial Services NYDFS for a bit-licensed cryptography business license. This is the first time that a bitcoin ATM operator has acquired a bit license, and it is also expected that it will be an opportunity to increase bit coin trading in New York.

Coin Source is a Texas-based company that operates an ATM called Bitcoin Teller Machine (BTMs) and 40 ATMs across the United States. Be able to do bit coin sale using smartphone purse. NYDFS said it had rigorously examined whether it had the ability to cope with money laundering, the prevention of terrorist financing, illegal use or price, and negative use of bit coin.

Coin Source has expressed hope that this approval will provide new opportunities for all New Yorkers. It means that anyone with or without a bank account can buy a bit coin in a friendly and familiar way.

NYFDS has recently approved one of the most popular cipher suites, including Gemini, a stab at 1: 1 with the dollar in September, and Paxos, a blockbuster company. For more information, please click here .