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A Boston-based Bitcoin ATM company, which operates the largest cash-to-bitcoin onramp network in the US.

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Edge Wallet Eases Bitcoin Purchase With LibertyX & MoonPay

Digital wallet operator Edge announced that it has integrated two new options – LibertyX and MoonPay. Both additions will enable Edge wallet users to buy bitcoin and cryptocurrencies with fiat money. Edge Adds LibertyX for US Users and MoonPay for Non-US Users On Wednesday, Edge announced via a blog post signed by Brett Musser that the team integrated LibertyX and MoonPay to its digital wallet infrastructure. The move aims to support Bitcoin and cryptocurrency adoption by allowing more people to “onboard safely” into the crypto space in more ways. Welcome @libertyx and @MoonpayHQ to the Edge Wallet family! — Edge (@EdgeWallet) July 10, 2019 LibertyX is a product by Moon, Inc that connects crypto holders with US merchants and ATMs. The option enables Edge wallet users to buy bitcoin with fiat money and debit cards. LibertyX operates the largest network of Bitcoin ATMs, cashiers, and kiosks in the US. It helps users buy up to $3,000 worth of bitcoin within minutes. Edge also integrated MoonPay, a service operated by Moon Pay Limited. The option allows its digital wallet users in the EU, UK, Canada, and South Korea to buy a range of cryptocurrencies with ApplePay and some credit cards. The supported coins with MoonPay are BTC, ETH, XRP, USDC, BAT, BCH, BNB, DAI, EOS, LTS, TrueUSD, and XLM. Updated Version Has Improvements Besides the integration of the new options, Edge also fixed several bugs and made some improvement in the design. Thus, the updated wallet application v.1.8.3 has addressed an issue where custom added coins wouldn’t show up after logging back in. Also, the team fixed a send error bug that could be experienced when the application returned from the background after a long period. Edge, formerly known as AirBitz, provides a multi-coin wallet. It can be accessed through mobile devices that use iOS or Android operating systems. Currently, the wallet supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Monero, Ripple (XRP), Feathercoin, Zcoin, Dash, Augur REP, Wings, and Indorse. In May of this year, Edge wallet announced that its European users could sell bitcoin directly to their Visa credit card via Simplex, which has been an exchange partner for years. Do you think the recent update will help Edge increase its contribution to bitcoin adoption significantly? Tell us in the comments section below!  Images via Shutterstock, Twitter: @EdgeWallet The post Edge Wallet Eases Bitcoin Purchase With LibertyX & MoonPay appeared first on

New York Financial Watchdog Grants BitLicense to Robinhood Crypto-Exchange and LibertyX

Robinhood Markets Inc.,  a U.S.-based financial services firm that claims to offer clients no-fee stocks and cryptocurrency trading and LibertyX,  a platform that makes it easy for people to buy bitcoin with cash via its Bitcoin ATMs, have both been granted the BitLicense by the New York Department of Financial Services (DFS),  according to a … Continue reading "New York Financial Watchdog Grants BitLicense to Robinhood Crypto-Exchange and LibertyX"Read More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
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Robinhood and LibertyX Become the Latest Companies to Win New York’s BitLicense

CoinSpeaker Robinhood and LibertyX Become the Latest Companies to Win New York’s BitLicense For any crypto-company operating in the US, approval by financial regulators is extremely important. The latest companies to be granted New York’s BitLicense, issued by the New York State Department of Financial Services (NYSDFS), are stock trading startup Robinhood and Bitcoin ATM provider LibertyX. The NYDFS said: “DFS continues to lead the way in responsibly supervising and advancing innovation in New York’s flourishing financial technology sector through a strong state-based regulatory regime. Today’s approvals add to the growing list of responsible virtual currency providers who recognize and appreciate how a comprehensive regulatory framework fosters a competitive marketplace that benefits both consumers and industry.” Robinhood to Trade in Seven Cryptos Robinhood is a U.S.-based financial services company headquartered in Menlo Park, California. The company offers the Robinhood smartphone mobile app, which allows individuals to invest in publicly traded companies and exchange-traded funds listed on U.S. stock exchanges without paying a commission. In September 2018, the company was preparing for an initial public offering (IPO), which could help the startup pitch itself as the cheaper youthful alternative to E*Trade and traditional stock brokers. In December, Robinhood disrupted traditional banking and offered 3% interest on saving services, which surprised users. Now, Robinhood Crypto is authorized to offer services for buying, selling, and storing seven digital currencies, including Bitcoin, Ether, Bitcoin Cash, and Litecoin. Moreover, Robinhood has additionally been granted a money transmission license. Robinhood co-CEO Vlad Tenev said: “The NYDFS has been very helpful throughout this process, and we look forward to their ongoing guidance as we prepare to launch Robinhood Crypto in New York.” He added: “We’re delighted that Robinhood Crypto has been granted a virtual currency license and a money transmitter license in New York. This will complement the larger suite of investment services that New Yorkers already have access to on the Robinhood platform. The NYDFS has been very helpful throughout this process, and we look forward to their ongoing guidance as we prepare to launch Robinhood Crypto in New York.” LibertyX to Offer Bitcoin Sale Through Debit Terminals As for LibertyX, which launched their first Bitcoin ATM in 2014, the company will offer the sale of Bitcoin through debit terminals. It is the first DFS virtual currency licensee whose customers are allowed to use debit cards for purchasing Bitcoin from traditional ATMs. Co-Founder & CEO of LibertyX Chris Yim said: “After an extensive review process, we are delighted to receive the blessing of the NYDFS (BitLicense) and offer the first debit card Bitcoin purchasing options to New York State residents.” Co-Founder & Chairman of LibertyX Kyle Powers commented: “LibertyX loves New York bitcoiners. We are excited to bring them an instant way to buy Bitcoin at a nearby location.” 16 Companies Are Approved By NYSDFS With Robinhood and LibertyX, NYSDFS has approved sixteen charters or licenses for companies in the virtual currency marketplace. New York’s BitLicense allows holders to handle cryptocurrencies under the regulatory guidelines set by the state. Getting the license is a very important step for businesses operating in the crypto sphere. LibertyX is not the first bitcoin ATM provider to be granted BitLicense. The first was Coinsource, the 12th crypto company to receive such a license in New York State. Having received BitLicense from the NY Department of Financial Services, Coinsource got official approval to operate in New York. Robinhood and LibertyX Become the Latest Companies to Win New York’s BitLicense

Robinhood and Libertyx Win Cryptocurrency Licenses

Robinhood Crypto and Libertyx have been granted with the license by the New York State Department of Financial Services, enabling them to trade cryptocurrencies. Both companies have win approval for ... Запись Robinhood and Libertyx Win Cryptocurrency Licenses впервые появилась

New York Regulator Grants Licenses to Robinhood Crypto and Libertyx

Robinhood Crypto and Libertyx have been granted licenses by the New York State Department of Financial Services. Robinhood is now authorized to offer the buying, selling and storing of seven cryptocurrencies. Meanwhile, Libertyx has become the first Bitlicensee to allow customers to use debit cards to purchase BTC from traditional ATMs in New York. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Robinhood Crypto The New York State Department of Financial Services (NYDFS) has approved the virtual currency license applications of Robinhood Crypto Llc and Moon Inc., dba Libertyx. Robinhood has also received a money transmission license. To date, the NYDFS has approved 16 companies to offer crypto services in New York. The regulator’s announcement reads: [NY]DFS has authorized Robinhood Crypto to offer services for buying, selling, and storing seven virtual currencies, including bitcoin, ether, bitcoin cash, and litecoin. Robinhood subsequently tweeted: “We just received our Bitlicense and money transmitter license for NY. Expect us to roll out crypto there over the coming months.” The platform also supports real-time market data for BTG, DASH, LSK, XMR, NEO, OMG, QTUM, XRP, XLM, and ZEC. While noting a plan to support the buying and selling of additional cryptocurrencies, the company emphasized on its website that “supporting market data for individual cryptocurrencies does not necessarily mean we plan to add buying and selling.” Furthermore, the platform “doesn’t support ICOs at this time,” its website describes. In addition to New York, the service is currently available in Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, Wyoming, and Washington state. Libertyx Libertyx CEO Chris Yim described the review process to obtain a Bitlicense as “extensive,” the NYDFS quoted him as saying. The regulator elaborated: In New York, Libertyx, which will provide consumers the sale of bitcoin through debit terminals, is the first [NY]DFS virtual currency licensee to allow customers to use debit cards to purchase bitcoin from traditional ATMs. The company launched its first bitcoin ATM in 2014 and has been growing its network of stores where people can buy BTC. “Today we have thousands of local stores where you can walk-up and purchase bitcoin instantly,” reads its website. “Our network includes local store cashiers, standalone debit kiosks, and traditional ATMs.” What do you think of Robinhood Crypto and Libertyx obtaining licenses to operate in New York? Let us know in the comments section below. Images courtesy of Shutterstock and the NYDFS. Need to calculate your bitcoin holdings? Check our tools section. The post New York Regulator Grants Licenses to Robinhood Crypto and Libertyx appeared first on Bitcoin News.
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