• Latest
New York Regulators Have Granted Their 14th Crypto License

New York Regulators Have Granted Their 14th Crypto License

November 14, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

New York Regulators Have Granted Their 14th Crypto License

coinnewsdaily by coinnewsdaily
November 14, 2018
in Business
0
New York Regulators Have Granted Their 14th Crypto License
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

The New York State Department of Financial Services (DFS) has just issued a new BitLicense to the New York Digital Investment Group (NYDIG), allowing it to offer crypto-related services in the Empire State.

According to a press release Wednesday, DFS has granted its virtual currency license to the company, allowing NYDIG to offer liquidity and asset management services to New York residents.

Further, DFS has granted the NYDIG Trust Company, a subsidiary to the main entity, permission to operate as a limited purpose trust company. As such, NYDIG is now able to offer custody and trade execution services, including services for bitcoin, bitcoin cash, ether, XRP and litecoin.

These services include self-custody, contracting with a third party to offer custodial services or contracting with NYDIG Trust or NYDIG Execution directly for custody services.

“As the financial services marketplace continues to expand and evolve in New York, the implementation of strong regulatory safeguards that encourage the responsible growth of the industry, while first and foremost protecting consumers remains critical,” said Financial Services Superintendent Maria Vullo.

In a statement, Vullo noted that “strong regulatory safeguards” allow for “the responsible growth” of the space, adding:

“Today’s approval further demonstrates that operating within New York’s robust state regulatory system leads to a stronger fintech marketplace and promotes innovation and necessary compliance with effective risk-based controls.”

NYDIG becomes the 14th institution to receive the virtual currency license, which has now been awarded to payments startups, crypto exchanges and a bitcoin ATM firm, among others.

New York City image via Shutterstock

Credit: Source link

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
Share76Tweet48
Previous Post

Announcing the CoinDesk Crypto-Economics Explorer

Next Post

Fork Watch: How To Follow Tomorrow’s High-Stakes Bitcoin Cash Update

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Fork Watch: How To Follow Tomorrow’s High-Stakes Bitcoin Cash Update

Fork Watch: How To Follow Tomorrow's High-Stakes Bitcoin Cash Update

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$20,689.00-0.42%
  • ethereumEthereum(ETH)$1,192.790.54%
  • tetherTether(USDT)$1.00-0.34%
  • binancecoinBNB(BNB)$237.762.18%
  • rippleXRP(XRP)$0.343064-2.97%
  • cardanoCardano(ADA)$0.483452-1.86%
  • SolanaSolana(SOL)$37.68-2.63%
  • dogecoinDogecoin(DOGE)$0.069456-3.83%
  • polkadotPolkadot(DOT)$7.65-3.38%
  • Shiba InuShiba Inu(SHIB)$0.000011-3.33%
  • daiDai(DAI)$1.00-0.12%
  • tronTRON(TRX)$0.066464-2.30%
  • leo-tokenLEO Token(LEO)$5.73-3.23%
  • matic-networkPolygon(MATIC)$0.540.17%
  • litecoinLitecoin(LTC)$54.55-2.20%
  • FTXFTX(FTT)$26.68-1.25%
  • CronosCronos(CRO)$0.124179-0.31%
  • OKBOKB(OKB)$12.20-0.39%
  • chainlinkChainlink(LINK)$6.681.11%
  • stellarStellar(XLM)$0.117803-1.03%
  • cosmosCosmos Hub(ATOM)$7.68-6.40%
  • algorandAlgorand(ALGO)$0.322693-3.12%
  • ethereum-classicEthereum Classic(ETC)$16.11-4.32%
  • moneroMonero(XMR)$119.47-3.95%
  • bitcoin-cashBitcoin Cash(BCH)$109.54-2.54%
  • vechainVeChain(VET)$0.024438-0.83%
  • tezosTezos(XTZ)$1.606.34%
  • Internet ComputerInternet Computer(ICP)$5.68-2.08%
  • theta-tokenTheta Network(THETA)$1.31-2.47%
  • filecoinFilecoin(FIL)$5.71-1.55%
  • ElrondElrond(EGLD)$55.32-2.69%
  • bitcoin-cash-svBitcoin SV(BSV)$58.69-2.07%
  • eosEOS(EOS)$0.98-0.65%
  • AaveAave(AAVE)$65.471.64%
  • makerMaker(MKR)$990.23-1.14%
  • paxos-standardPax Dollar(USDP)$1.00-0.04%
  • huobi-tokenHuobi(HT)$5.27-0.25%
  • iotaIOTA(MIOTA)$0.284544-3.08%
  • zcashZcash(ZEC)$60.95-4.68%
  • neoNEO(NEO)$9.35-2.72%
  • zilliqaZilliqa(ZIL)$0.043102-3.69%
  • basic-attention-tokenBasic Attention(BAT)$0.385059-1.91%
  • wavesWaves(WAVES)$5.68-4.24%
  • havvenSynthetix Network(SNX)$2.41-4.60%
  • dashDash(DASH)$48.09-2.97%
  • PancakeSwapPancakeSwap(CAKE)$3.361.01%
  • KusamaKusama(KSM)$51.88-1.85%
  • nemNEM(XEM)$0.0419950.91%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • CompoundCompound(COMP)$49.41-1.55%
  • ethlendAave [OLD](LEND)$4.103.48%
  • qtumQtum(QTUM)$2.98-1.55%
  • bitcoin-goldBitcoin Gold(BTG)$16.92-2.11%
  • omisegoOMG Network(OMG)$1.95-1.08%
  • golemGolem(GLM)$0.246777-0.82%
  • SushiSushi(SUSHI)$1.13-2.32%
  • ontologyOntology(ONT)$0.2441270.82%
  • yearn-financeyearn.finance(YFI)$5,959.06-5.16%
  • umaUMA(UMA)$2.70-0.58%
  • digibyteDigiByte(DGB)$0.009810-3.74%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....