A Bitcoin Company Applies For Bitcoin Banking License

ITBIT APPLIES IN NEW YORK FOR BITCOIN’S FIRST BANKING LICENSE

With all of the hoopla surrounding the Bitcoin ecosystem in the past few years, there are still many “firsts” Bitcoin, or a Bitcoin startup,  has yet to achieve. One of those is the establishment of a true Bitcoin bank in the United States. Due to regulations, this is no easy task. To be sure, the banking community in many ways has been receptive to Bitcoin. Read more...