The New York State Department of Financial Services (NYDFS) has granted its 14th BitLicense, approving the application of New York Digital Investment Group (NYDIG) to offer crypto-related services in the state.
In a press release on Wednesday, the state authority said that NYDIG was now allowed to provide secure custody and trade execution services, as well as to operate as a custodian for virtual currencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), XRP, and Litecoin (LTC). Additionally, NYDIG Trust Company, a subsidiary of NYDIG, has been authorized to operate as a limited purpose trust company.
“As the financial services marketpl...
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