![FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken](https://freeamericanetwork.com/wp-content/uploads/2020/06/new-york-regulator-proposes-easing-cryptocurrency-rules.jpg)
FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
June 24, 2020
(Reuters) – New York’s financial regulator on Wednesday proposed easing rules for virtual currency companies that want to do business in the state.
The plan would allow companies to obtain conditional licenses, the regulator said.
(Reporting by Suzanne Barlyn and Anna Irrera; Editing by Chizu Nomiyama)