Tag: State Department Financial Services

Why Does New York Ban Crypto

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. New York has been a hub for financial activity […]

Why Is Crypto Com Not Available In New York

CryptoCom, a popular cryptocurrency trading platform, is not available in New York. Despite the fact that the company is headquartered in the city, the New York State Department of Financial Services (NYDFS) has not approved the platform for use in the state. The NYDFS is a government agency responsible for regulating the financial services industry […]

How To Bypass Ny Restrictions On Crypto Currency Platforms

New York has some of the strictest restrictions on cryptocurrency platforms in the United States. However, there are ways to bypass these restrictions and use these platforms. In this article, we will outline how to do this. The first thing to do is to create a Virtual Private Network (VPN) account. This will allow you […]