0 sats \ 5 replies \ @siggy47 OP 30 May 2023 \ parent \ on: Prime Trust out at Swan, and other changes bitcoin
Unless you live in New York. River doesn't have a bitlicense.
WTF is a bitlicense?
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So you really want to know? https://www.dfs.ny.gov/virtual_currency_businesses
Only in NY.
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I'm speechless..
And.. seriously.. 2015? They knew about bitcoin in 2015? Lucky bastards..
To be fair, I'd heard of it around 2013 but I didn't take the five minutes necessary to understand that it has more use cases than drug trafficking.
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neither does swan
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Correct. The reason I am at Swan (for now) is that I had an account before they ceased operating in NY. I was grandfathered in and allowed to use my account, but I could not switch my bank, or at least that's what I remember. I'm wondering now whether the events of the past few days mean that all NY accounts will be closed. I've decided to stop dca ing with Swan anymore anyway, as I said on a prior response.
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