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Bullish just landed New York’s Bitlicense, teeing up a U.S. push with a green light from the state’s financial cop. Bullish Gets New York Go-Ahead for Trading and Custody Arm Bullish (NYSE: BLSH) said Wednesday that its U.S. arm, Bullish US Operations LLC, secured a Bitlicense and a Money Transmission License from the New York … Read more
With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015. Go to Source
The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services. Go to Source
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023. Go to Source
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services. Go to Source
According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Secures Bitlicense Cumberland, a trading desk that provides institutional over-the-counter (OTC) liquidity for numerous cryptocurrencies, now holds a Bitlicense. This business … Read more
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS’ greenlist Go to Source
Forge will have a right not only to custody the digital assets but also to purchase and sell them for legal tender, as well as to trade against each other. Go to Source Powered by WPeMatico
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services. Go to Source Powered by WPeMatico
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold … Read more
