June 20, 2018 BY Valentina Kirilova

DFS grants virtual currency license to Square, Inc.

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Square, Inc., for a virtual currency license. Square currently holds a money-transmitter license from DFS. DFS is pleased to approve Square’s application and welcomes them to New York’s expanding and well-regulated virtual…

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