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Crypto Regulation: Everything You Need to Know about BitLicense 6 hours ago | Updated by Oluwapelumi Adejumo · 6 min read Photo: Unsplash You have successfully joined our subscriber list. Anyone who wishes to carry out regulated cryptocurrency-related transactions within the state of New York or with parties within New York must have a BitLicense. In the guide, find what it is, why it was created, and how to receive it. When Bitcoin (BTC) was created in 2008, there was no way to predict the digital currency’s future. But as the cryptocurrency grew, a need for regulation of Bitcoin was apparent, as it drew several criminals, con organizations, and tax dodgers due to the lack of regulations. As a result, BitLicense appeared.

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