May 27 2015 gibson-dunn-LOGO230x100.gif http://www.gibsondunn.com/publications/pages/Virtual-Currency-Regulation-and-Enforcement--Granting-of-First-NY-Charter-and-FinCEN-Fine.aspx

Virtual Currency Regulation and Enforcement: Granting of First NY Charter and FinCEN Fine Demonstrate Continued Evolution for Virtual Currency Sector

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The limited purpose trust company charter awarded to itBit allows the company to commence its virtual currency operations immediately, sidestepping the soon-to-be-announced final BitLicense framework.


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