The Financial Services Authority of New York (NYDFS) has issued a license to work with virtual currencies to the operator of Bitcoin-ATMs Cottonwood Vending LLC.
DFS Grants Case Study
– NYDFS (@NYDFS) January 31, 2019 p.
The company said on its Twitter account that it had the 14th NYDFS license.
We have been impossible. CWV is now the proud recipient of the 14th Virtual Currency License! #cottonwoodvending https://t.co/modOPZ06wu
– Cottonwood Vending (@CoinBTM) 31 January 2019 р.
There is little information about the company itself. For example, her Twitter account states that Cottonwood Vending is the largest Bitcoin provider in New York State. Information about the installed ATM is on the company website .
Cottonwood Vending in New York has a serious competitor – Coinsource , which received a BitLicense at the end of last year. Also, most recently, the NYDFS license was received by the operator of Bitcoin-ATM LibertyX .
Recall that in just two months the number of Bitcoin-ATMs in Russia decreased by 32% – from 75 to 51 units .
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