Summary of Bitcoin Qualification Certification

Cryptocurrency companies based in New York State or serving New York customers must have applied for a Bitcoin certification before August 8.

The Bitcoin Practitioner Qualification Certificate, issued by the New York State Department of Financial Services (NYDFS), is now the de facto framework for Bitcoin regulation and digital currency business.

CoinDesk has been tracking the status of companies applying for the certificate and those that decide to cease operations.

The organization has ordered all companies working in the field, and those that have announced their recent intentions or revealed their long-term plans, to apply for registration. Let us wait and see how Bitcoin will perform when these companies let us know their intentions.

We will continue to monitor the latest inquiries regarding Bitcoin Practitioner Qualifications applications and companies launching in this space.