Another bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending LLC was granted one of the virtual currency licenses Thursday, the New York Department of Financial Services announced on Twitter, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State. The agency has been ramping up its awarding of its virtual currency licenses recently, with three awarded in January 2019 alone, compared to only one being granted each in 2015 and 2016, and two in 2017. Coinsource was the first bitcoin ATM operator to receive the ... (full story)