NY’s denial of our BitLicense application contained ‘factual inaccuracies’

Seattle-based cryptocurrency exchange Bittrex is “saddened and disappointed” by the New York Department of Financial Services’ (NYDFS) rejection of its BitLicense application. In its official statement, Bittrex said it fully disputed the findings of the NYDFS decision. “First, and foremost, we adamantly disagree with NYDFS’ claims and allegations in regard to our anti-money laundering (AML) and compliance practices.…

Teenagers are killing GameStop

A new survey of American teenagers reveals they’re turning more and more to digital stores for their games. Gone is the era of kids forking cash over countertops — now they’re increasingly turning to their parents’ credit cards in the Epic Games Store. The survey comes from Piper Jaffray’s annual Taking Stock With Teens survey,…