BitLicense
BitLicense related articles on BTCC. A BitLicense is the common term used for a business license for virtual currency activities, issued by the New York State Department of Financial Services under regulations designed for companies. It's a U.S.-specific term. This regulation defines and regulates cryptocurrency business activities.
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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