Re:Bitcoin Exchange Receives First License in New York State
by reviseddamage on Thursday May 07, 2015 @03:12PM
(#9507513)
The problem is that a Trust Company does have properties that require it not to have MTL's, but it also is restricted in few areas, such as custody to custody movement. Getting a Trust charter is not easy, there is no worry of it being handed out like free candy. I think you will find companies getting Trust charters, only to realise that there are certain things it can not functionally do.
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