ARTICLE
9 November 2018

NY DFS Grants License To Bitcoin Teller Machine Operator

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Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The New York State Department of Financial Services ("NYDFS") granted a virtual currency license to the "first and only" company operating Bitcoin teller machines ...
United States Technology

The New York State Department of Financial Services ("NYDFS") granted a virtual currency license to the "first and only" company operating Bitcoin teller machines in New York. NYDFS approved the application of Coinsource, Inc. which provides customers the ability to exchange Bitcoin and cash on touchscreens kiosks in New York City, Westchester and Nassau County.

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