Opening an Account For Current and Former New York Residents

How Caleb & Brown works with current and former New York residents

Lawrence Huynh avatar
Written by Lawrence Huynh
Updated over a week ago

If you currently live in New York:

Unfortunately, the NY BitLicense legislation introduced in 2014 prevents any individual or business to engage in Virtual Currency Business Activity without a BitLicense. Virtual Currency Business Activity includes:

  • Receiving or sending Virtual Currency

  • Storing, holding, or maintaining custody or control of Virtual Currency on behalf of others

  • Buying and selling Virtual Currency as a customer business

  • Performing exchange services as a customer business, or

  • Controlling, administering, or issuing a Virtual Currency

If you would like more information, you can head to the New York State Department of Financial Services for Virtual Currency Businesses here: https://www.dfs.ny.gov/apps_and_licensing/virtual_currency_businesses
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If you no longer live in New York:

If you have only recently moved out of New York, or are registered at a permanent residence elsewhere, we may be able to facilitate an account for you. By registering an account, you will be asked for a Proof of Address document at a point in the registration, so you can submit a document confirming your residential address in the application. Our Customer Success team will review your application and let you know of the outcomes, or reach out for further information if needed.
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Whenever you're ready, you can click below to get started with your registration.

If you have any questions, or you need assistance completing the registration form, you can ask our Product Specialist team through the Chat button in the bottom right corner of the webpage.

You can also call our support help desk on +61 1800 849 149 (Australia) or +1 (844) 494 6515 (International), from 9am to 5pm (AEST), or request we call you back by submitting an enquiry on our website.

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