Unlike in Miami, residents of New York City can't trade their namesake cryptocurrency

Unlike in Miami, residents of New York City can’t trade their namesake cryptocurrency

New Yorkers can’t actually buy and sell the city’s namesake token, a Bloomberg report found. Crypto exchanges offering NYCCoin don’t have a BitLicense, which is required to operate in the state, Bloomberg said. The lack of trading ability is a setback for a city working to rival Miami as the US crypto hub. Get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading.

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