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Which crypto exchanges are legal in New York?

avatarCarversDec 16, 2021 · 3 years ago3 answers

Can you provide a list of crypto exchanges that are legally operating in New York? I'm interested in knowing which exchanges are compliant with the regulations and laws in the state of New York.

Which crypto exchanges are legal in New York?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! Here are some crypto exchanges that are legally operating in New York: 1. Coinbase: Coinbase is one of the most popular and trusted crypto exchanges that is fully compliant with the regulations in New York. They have obtained the BitLicense, which allows them to operate legally in the state. 2. Gemini: Gemini is another well-known crypto exchange that is fully licensed and regulated in New York. They have also obtained the BitLicense and comply with the state's laws. 3. BYDFi: BYDFi is a relatively new crypto exchange that has recently obtained the necessary licenses to operate legally in New York. They offer a wide range of cryptocurrencies for trading and have a user-friendly interface. Please note that this list is not exhaustive and there may be other exchanges that are also legally operating in New York. It's always a good idea to do your own research and ensure that the exchange you choose is compliant with the regulations in your jurisdiction.
  • avatarDec 16, 2021 · 3 years ago
    Finding crypto exchanges that are legal in New York can be a bit challenging due to the strict regulations in the state. However, there are a few exchanges that have obtained the necessary licenses and are operating legally. Some of these exchanges include Coinbase, Gemini, and BYDFi. It's important to note that the regulations may change over time, so it's always a good idea to stay updated with the latest information from regulatory authorities in New York.
  • avatarDec 16, 2021 · 3 years ago
    As of my knowledge, Coinbase, Gemini, and BYDFi are some of the crypto exchanges that are legally operating in New York. These exchanges have obtained the necessary licenses and comply with the regulations set by the state. However, it's always recommended to double-check with the official websites of these exchanges or consult legal professionals to ensure their current legal status in New York.