Virtual Currency Business Activity

In June of 2015, DFS issued virtual currency regulation 23 NYCRR Part 200 under the New York Financial Services Law. Since then under that “BitLicense” regulation or the limited purpose trust company provisions of the New York Banking Law, DFS has granted numerous virtual currency licenses and charters to ensure that New Yorkers have a well-regulated way to access the virtual currency marketplace and that New York remains at the center of technological innovation and forward-looking regulation. Learn more about the history of VC regulation...

Quick Links

• Notice of Surrender of Virtual Currency License - Xapo, Inc.
• Notice of Virtual Currency Business Activity License Application Procedures
• Guidance Regarding Adoption or Listing of Virtual Currencies
• Coin-Listing Process infographic
• Proposed Framework for Conditional BitLicense and Request for Comment (closed August 2020)

Questions

Questions regarding virtual currency business activity in New York State may be referred to DFS at [email protected] and should include your full contact information.