---
title: NY banking regulator grants first bitcoin charter
description: NY banking regulator grants first bitcoin charter
image: https://insights.paxos.com/hubfs/_Press-External_Website_Logos/Financial_Times_corporate_logo_no_background.svg.png
---

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May 7 2015 [![Financial_Times_corporate_logo_no_background.svg.png](https://insights.paxos.com/hs-fs/hubfs/_Press-External_Website_Logos/Financial_Times_corporate_logo_no_background.svg.png?width=99&name=Financial_Times_corporate_logo_no_background.svg.png "Financial_Times_corporate_logo_no_background.svg.png")](http://www.ft.com/intl/fastft/319801/ny-banking-regulator-grants-first-bitcoin-charter) http://www.ft.com/intl/fastft/319801/ny-banking-regulator-grants-first-bitcoin-charter

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## NY banking regulator grants first bitcoin charter

### Location

"The charter means itBit can begin operating immediately and will be under the supervision of New York's Department of Financial Services, Gina Chon reports in Washington." 

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