Robinhood & LibertyX receive licenses from New York regulators

posted 7 months ago
Stock trading startup Robinhood and Bitcoin ATM provider LibertyX were granted New York’s BitLicense. The virtual currency licenses were granted for both, as well as a money transmission license for Robinhood.

Robinhood co-founder and co-CEO Vlad Tenev said the new licenses “will complement the larger suite of investment services that New Yorkers already have access to on the Robinhood platform.” The company will reportedly be the first licensed firm to allow residents to buy Bitcoin using debit cards through traditional ATMs.
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