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September 23, 2015, 01:12:57 AM
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NY regulator issues first license for bitcoin company

http://economictimes.indiatimes.com/news/international/business/ny-regulator-issues-first-license-for-bitcoin-company/articleshow/49066106.cms

Circle Internet Financial, a Boston-based bitcoin startup backed by Goldman Sachs Group Inc , has received New York's first BitLicense, allowing it to offer digital currency services in the state.

The firm, founded in 2013, released a new version of its mobile payment service on Tuesday.

The BitLicense from the New York Department of Financial Services is based on the first set of US state guidelines for companies that operate in virtual currencies such as bitcoin, which is created and exchanged independent of banks.
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