Cryptocurrency Q&A
Does DFS have a BitLicense agreement with Coinbase?
Does DFS have a BitLicense agreement with Coinbase?
Fri Jan 10 2025
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5 answers
1747
The user wants to know if there is a BitLicense agreement between DFS and Coinbase, considering the regulatory framework for virtual currencies in New York State.
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5 answers
Sun Jan 12 2025
DFS had conducted two thorough examinations of Genesis.
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Sun Jan 12 2025
In January 2023, DFS concluded a significant settlement with Coinbase.
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Sun Jan 12 2025
The settlement amounted to $100 million.
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Sun Jan 12 2025
The agreement was reached due to failures in Coinbase's compliance program.
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Sun Jan 12 2025
Despite the settlement, Coinbase was not required to forfeit its BitLicense.
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