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Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access … Read more
Galaxy Digital secured a Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS) on May 18, allowing the company to offer regulated digital asset services to institutions across New York State. Galaxy Scores New York’s Bitlicense Galaxyone Prime NY, the Galaxy entity designated to serve New York clients, received … Read more
Strike has secured a New York Bitlicense and a Money Transmitter License from the New York State Department of Financial Services, allowing the bitcoin payments platform to offer its services to residents and businesses across the state. The company, founded by Jack Mallers and operated under Chicago-based Zap Solutions Inc., announced the approval on March … Read more
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