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BitLicensed crypto firms ordered to pay annual assessment fees in New York

The fees will bring digital currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry.

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BitLicensed crypto firms ordered to pay annual assessment fees in New York

The fees will bring digital currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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