Jan 10, 2025 · Each state (except Montana) requires digital asset companies to obtain a money transmitter license or digital asset business activity license, leading to a patchwork of regulatory …

Dec 12, 2024 · BitLicense is a business license of virtual currency activities, issued by the New York State Department of Financial Services (NYDFS) under special regulations designed for companies.

Registration: Unlike traditional businesses, cryptocurrency businesses in Rhode Island must register with the Department of Business Regulation (DBR) and obtain a Virtual Currency Business Activity …

Sep 26, 2017 · The license application fee to register as a business engaged in Virtual Currency Business Activity is $5,000.00 and is nonrefundable. The application must include:

Sep 18, 2023 · In June 2020, informed by its experience as the regulator of BitLicensees and New York-chartered limited purpose trusts engaged in virtual currency business activity (collectively, “VC …

Oct 17, 2017 · With respect to money transmission laws, " [g]enerally, the Uniform Regulation of Virtual-Currency Businesses Act requires persons engaged in certain business activity involving virtual …

Sep 17, 2025 · The license, officially defined as a 'Virtual Currency Business Activity License' by the NYDFS, allows Bullish to provide institutions and advanced traders in New York State digital asset …