New York Agency Grants PayPal First Conditional BitLicense

The New York State Department of Financial Services (NYDFS) has granted a first of its kind conditional BitLicense to PayPal, allowing the digital payments firm to offer cryptocurrency services through PayPal digital wallets.

To read the full article, request a trial and we will be in touch

This is one of thousands of articles in our archive. Experience the power of expert insights and analysis with a VIXIO PaymentsCompliance subscription. Click here for a free trial.

Find out more

Our Key Benefits

PaymentsCompliance covers current issues that directly impact you, giving you insight into how to respond to SCA, AML, Crypto and PSD2 and many more key developments in the payments industry.

We continually monitor and analyse the market for updates to regulation, reducing the amount of time and money you spend monitoring and analysing regulatory environments across different jurisdictions. Our insights and analysis also simplify complex issues so that you can be proactive and agile in your planning, making more informed decisions without delays.

Find out more

PaymentsCompliance is a scalable solution that can adapt to the needs of your business. It’s comprised of 4 components:

INSIGHTS: Our dedicated in-house editorial and regulatory intelligence teams provide deep domain expertise on the latest regulatory news and emerging issues, providing the most accurate, thorough and reliable information. Always know what’s coming round the corner.
HORIZON SCANNING: Provides you with instant access to a comprehensive, personalised and real-time feed of regulatory content, sourced daily from regulatory bodies across multiple jurisdictions.
GUIDES: Divided into Country Reports and Practical guides, this content consist of featured research papers aimed at providing guidance on the regulatory environment impacting the payments industry.
TRACKERS: Expertly curated portals covering the most important developments in the payments industry, trackers record the implementation of cross-border regulation across member states and access related industry news and regulatory commentary.