<h1>Decision Postponed in New York State Department Of Financial Services BitLicense Case</h1>

NY Court Delays Judgment On Bitcoin Status And NYDFS

On Tuesday, a New York judge postponed the Court’s decision in a case that might determine the legal status of bitcoin. Oral arguments centered on (1) the standing of the petitioner, (2) the jurisdiction of the New York State Department of Financial Services in establishing the BitLicense, and (3) whether bitcoin is a financial product or a commodity.

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