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Can I conduct virtual currency business activity in New York State without obtaining a BitLicense?

Based on the information provided in the context documents, the answer to your query is no, you cannot conduct virtual currency business activity in New York State without obtaining a BitLicense. According to 23 NYCRR 200.3, no person shall engage in any virtual currency business activity without a license obtained from the superintendent as provided in this Part. Additionally, 23 NYCRR 200.2 defines virtual currency business activity as the conduct of any one of the following types of activities involving New York or a New York resident:Therefore, if you plan to engage in any of the above activities involving virtual currency in New York State, you must obtain a BitLicense from the superintendent as required by law [1.2][1.4][1.6].Furthermore, each licensee engaged in virtual currency business activity shall not advertise its products, services, or activities in New York or to New York Residents without including the name of the licensee and the legend that such licensee is “licensed to engage in virtual currency business activity by the New York State Department of Financial Services.” Each licensee shall maintain, for examination by the superintendent, all advertising and marketing materials for a period of at least seven years from the date of their creation, including but not limited to print media, internet media (including websites), radio and television advertising, road show materials, presentations, and brochures. Each licensee shall maintain hard copy, website captures of material changes to internet advertising and marketing, and audio and video scripts of its advertising and marketing materials, as applicable. In all advertising and marketing materials, each licensee shall comply with all disclosure requirements under Federal and State laws, rules, and regulations. In all advertising and marketing materials, each licensee and any person or entity acting on its behalf, shall not, directly or by implication, make any false, misleading, or deceptive representations or omissions [1.2].If you are already engaged in virtual currency business activity, you must apply for a license in accordance with this Part within 45 days of the effective date of this regulation. In doing so, such applicant shall be deemed in compliance with the licensure requirements of this Part until it has been notified by the superintendent that its application has been denied, in which case it shall immediately cease operating in this State and doing business with New York State residents. Any person engaged in virtual currency business activity that fails to submit an application for a license within 45 days of the effective date of this regulation shall be deemed to be conducting unlicensed virtual currency business activity [1.6].