Who regulates crypto companies in New York
The BitLicense is patronized by the New York State Department of Financial Services.

Requirements to obtain a crypto license in New York
The list of the main components to prepare for obtaining a New York crypto license goes as follows:

A company registered in the United States;
More advanced business plan with Cash Flow 3 years budgeting forecast;
Professionally prepared documents describing internal risk policies according to the local AML laws;
Local personnel to administrate the company in the State of New York;
Description of services offered to customers within the first 3-9 months after granting the license;
A raised share capital.

Process to obtain a crypto license in New York
To acquire a crypto license in New York, you have to follow these steps:

Prepare the business plan;
Prepare the compliance procedures and policies in accordance with the AML & Bank Secrecy Act Policy;
Register a company in the United States (preferably in the New York State);
Open a surety bond or trust account in the USA;
Prepare your application fine and gather documents as requested in the Application Checklist;
File an application online through the NationWideLicensingSystem website.