This is an unfortunate turn of events, but not exactly unexpected, as New York has very strict rules when it comes to cryptocurrency.
source https://www.google.com/url?rct=j&sa=t&url=https://cryptocurrencyfacts.com/2019/04/11/new-york-rejects-bittrexs-bitlicense-application/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNHsMWDD7U5wlnchMJSgJM2NELtaDw
