🔥 Empire State strikes back at Bittrex's BitLicense rejection explanation
The New York State Department of Financial Services' executive deputy superintendent for banking, Shirin Emami, responds to Bittrex's explanation of their recent rejected BitLicense application in New York in an op-ed published by CoinDesk. NYDFS plainly says the exchange "continues to misstate the facts and it presents a misleading picture about the denial." Specifically, Emami counters Bittrex's explanation of the rejection with regard to transaction monitoring, missing or incomplete customer identity data, and unsatisfactory asset listing criteria.
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