Cryptocurrency Q&A
Is crypto.com legal in New York?
Is crypto.com legal in New York?
isabella_taylor_activist
Thu Feb 27 2025
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7
answers
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I am considering using crypto.com, but I am concerned about its legality in New York. I have heard about regulatory issues with cryptocurrency platforms, and I want to ensure that crypto.com is operating legally in the state before I start using it.
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7 answers
SsamziegangSerenadeMelodyHarmony
Sat Mar 01 2025
Crypto.com is currently unavailable in New York.
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Nicola
Sat Mar 01 2025
This is due to the exchange not obtaining the necessary BitLicense from the New York Department of Financial Services (NYDFS).
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SumoStrength
Sat Mar 01 2025
The BitLicense is a regulatory framework put in place by the NYDFS to oversee virtual currency businesses operating within the state.
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DigitalEagle
Fri Feb 28 2025
Without this license, Crypto.com is unable to legally provide cryptocurrency trading services to residents of New York.
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charlotte_clark_doctor
Fri Feb 28 2025
This restriction applies specifically to New York residents and does not impact users in other states or countries.
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