XRPL COURT CASES 07-55: Commodity Futures Trading Comm'n v. McDonnell 18-CV-361 (E.D.N.Y. Mar. 6, 2018)



Commodity Futures Trading Comm'n v. McDonnell

18-CV-361 (E.D.N.Y. Mar. 6, 2018)


8. State regulations. See, e. g., Press Release, DFS Grants Virtual Currency License to Coinbase, Inc., N.Y. Department of Financial Services, Jan. 17, 2017 ("DFS has approved six firms for virtual currency charters or licenses, while denying those applications that did not meet DFS's standards. In addition to bitFlyer USA, DFS has granted licenses to Coinbase Inc., XRP II and Circle Internet Financial, and charters to Gemini Trust Company and itBit Trust Company.").



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