The BitLicense gods giveth, and they taketh away! A day after the New York Department of Financial Services issued its 19th BitLicense to crypto exchange Bitstamp, the agency has denied the application of a U.S.-based exchange operator, Bittrex. Furthermore, the NYDFS said the firm must stop its operations in New York State effective April 11, as per a note from the agency addressed to Bittrex chief executive officer Bill Shihara. In the brutal take-down letter provided to CoinDesk, which is worth the read, the NYDFS rips into the exchange for a lack of due diligence around vetting customers and the tokens that trade ... (full story)