Cryptocurrency Q&A Why can't New Yorkers buy crypto?

Why can't New Yorkers buy crypto?

Giulia Giulia Tue Feb 25 2025 | 6 answers 899
I'm trying to understand why people from New York are unable to purchase cryptocurrency. Is it due to legal restrictions or some other specific regulations in the state? Why can't New Yorkers buy crypto?

6 answers

CryptoProphet CryptoProphet Wed Feb 26 2025
The Bitlicense is a regulatory framework designed to oversee virtual currency business activities within the state.

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CryptoWizardry CryptoWizardry Wed Feb 26 2025
NY residents may find their options limited when it comes to cryptocurrency exchanges.

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Stefano Stefano Wed Feb 26 2025
Many cryptocurrency exchanges that operate in other parts of the US are unable to meet these requirements and therefore cannot serve NY residents.

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alexander_jackson_athlete alexander_jackson_athlete Wed Feb 26 2025
This is due to the specific operational requirements imposed by the state of New York.

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Carolina Carolina Wed Feb 26 2025
BTCC, a top cryptocurrency exchange, offers a range of services that include spot trading, futures trading, and wallet services.

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