interesting indeed.
http://www.coindesk.com/bitcoin-exchange-itbit-seeks-bank-license-with-ex-fdic-chairs-support/
http://uk.businessinsider.com/r-exclusive-bitcoin-exchange-itbit-seeks-new-york-banking-license-2015-4?r=US
Topic: [2015-04-23] Reuters: itBit seeks New York banking license (Read 502 times)
This is very exciting news!
Exclusive: Bitcoin exchange itBit seeks New York banking license
http://www.reuters.com/article/2015/04/23/us-bitcoin-itbit-idUSKBN0NE2JL20150423
In a little noticed move, bitcoin exchange itBit has filed for a banking license in New York, according to the state banking authority.
Approval for the license may come in the next couple of weeks, people familiar with the matter told Reuters, which could make itBit the first bitcoin company to be regulated as a bank in the United States.
At first, I thought it would be bitlicense, not banking license. If it does get a banking license, it could be a big boost for Bitcoin.
http://www.reuters.com/article/2015/04/23/us-bitcoin-itbit-idUSKBN0NE2JL20150423
In a little noticed move, bitcoin exchange itBit has filed for a banking license in New York, according to the state banking authority.
Approval for the license may come in the next couple of weeks, people familiar with the matter told Reuters, which could make itBit the first bitcoin company to be regulated as a bank in the United States.
At first, I thought it would be bitlicense, not banking license. If it does get a banking license, it could be a big boost for Bitcoin.
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