New York Regulator Grants BitLicense to Anchorage Digital
Reading Time: < 1 minute
Anchorage Digital yesterday announced that its subsidiary Anchorage Digital NY, LLC had been granted a BitLicense by the New York State Department of Financial Services (NYDFS).
This allows Anchorage Digital to offer secure and efficient crypto trading services to institutions in New York State with full capabilities expected by early 2025.
This approval marks a significant milestone for the company and the industry, as the BitLicense is a highly regulated and prestigious license specifically for crypto businesses.
Anchorage Digital’s CEO and Co-Founder, Nathan McCauley, expressed the company’s excitement and dedication to providing regulated and top-notch services to institutions in the crypto market.
Follow and like us on
