Cryptocurrency Q&A Which cryptocurrency companies have been awarded a BitLicense?

Which cryptocurrency companies have been awarded a BitLicense?

IncheonBeautyBloom IncheonBeautyBloom Thu Jul 04 2024 | 7 answers 1315
As a keen observer of the cryptocurrency and financial landscape, I'm curious to know: which companies operating in the crypto sphere have been awarded the prestigious BitLicense? This regulatory framework, established by the New York State Department of Financial Services (NYDFS), provides a clear set of rules and requirements for digital currency businesses to operate legally within the state. I'm interested in understanding which companies have met these rigorous standards and gained this regulatory approval, as it not only validates their business practices but also gives investors and consumers a sense of trust and assurance. Which cryptocurrency companies have been awarded a BitLicense?

7 answers

Tommaso Tommaso Fri Jul 05 2024
In November 2018, NYDIG, a New York-based institutional Bitcoin provider, attained a significant milestone by being granted a BitLicense.

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Bianca Bianca Fri Jul 05 2024
Additionally, Moon Inc., operating as LibertyX, was also awarded a BitLicense during the same month.

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Dario Dario Fri Jul 05 2024
LibertyX's BitLicense enables it to continue its mission of providing convenient and accessible cryptocurrency services to the masses.

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DaeguDiva DaeguDiva Fri Jul 05 2024
This achievement marked a significant step forward for NYDIG, solidifying its position in the cryptocurrency market and enhancing its credibility with regulators.

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CryptoGladiatorGuard CryptoGladiatorGuard Fri Jul 05 2024
Shortly after, in January 2019, Robinhood Crypto LLC, a subsidiary of Robinhood Markets Inc., also received a BitLicense.

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