NYDFS: Coinbase Is Not Licensed in New York

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The New York State Department of Financial Services (NYDFS) has issued a new statement indicating Coinbase has not yet secured a license to operate in New York.

The remarks, relayed by a spokesman to The New York Times , suggest that the department, which is currently working on a final version of its BitLicense regulation, is still in talks with Coinbase about its legal status in the state, but that no decisions have been finalized.

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