News with the tag "BitLicense"

Ex-SoftBank official Akshay Naheta takes the helm as co-CEO of Bakkt to help revitalize the struggling crypto trading platform. Akshay Naheta, a former SoftBank executive, has joined Bakkt as co-chief executive officer, signaling an effort to turn around the struggling American crypto trading and cu...

Anchorage Digital’s subsidiary, Anchorage Digital NY, LLC, has received a BitLicense from the New York State Department of Financial Services. Read original article on coincu.com

Anchorage Digital, a leading crypto platform for institutional clients, has received approval for a BitLicense from the New York State Department of Financial Services. The approval authorizes Anchorage Digital’s subsidiary, Anchorage Digital NY, LLC, to offer regulated crypto trading services to in...

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.

NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.

The NYDFS is recruiting a policy specialist to address key crypto, DeFi, and AI issues within financial services.

Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023.

The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.

The firm said it's one of the only principal trading firms to hold the state's crypto license.

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-...