Cottonwood Granted Bitlicense by New York Regulator

Cottonwood Granted Bitlicense by New York Regulator

Cottonwood, a U.S.-based cryptocurrency ATM operator has become the second cryptocurrency ATM operator to receive a Bitlicense by the New York State Department of Financial Services (NYDFS). This will allow Cottonwood to operate as a legitimate money transmitter and digital currency exchange. To sustain must have robust anti-money laundering and cyber securities, transaction records for 10 years.

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