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2019-04-11 07:22:26

Bittrex fails to obtain BitLicense, New York regulators cite poor internal controls

US cryptocurrency exchange Bittrex had its BitLicense application rejected by the New York Department of Financial Services (NYDFS) after years of scrutiny. The agency rejected the application because of alleged deficiencies in anti-money laundering practices alongside poor due diligence over token launches, among other shortcomings. Explaining the reasons behind the decision in a public notice […]The post Bittrex fails to obtain BitLicense, New York regulators cite poor internal controls appeared first on CryptoSlate.