The best-funded
company in the Bitcoin industry appears to be operating without the
proper licenses in the world’s financial capital.
Coinbase, a company
based in San Francisco with funding from the New York Stock Exchange and
other big investors, said this week that it had opened as the first
regulated Bitcoin exchange in several states, including New York.
But a spokesman for the top financial regulator in New York said the
company did not have the licenses necessary to operate as a Bitcoin
exchange in the state.
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