Department of Financial Services of New York has issued a new BitLicense to the New York Digital Investment Group, according to the report of U.S. financial news media The Paypers.
After receiving virtual currency license of New York State Department of Financial Services NYDIG became allowed to offer liquidity and asset management services to New York residents.
As it was also stated, DFC also granted the NYDIG Trust Company – a subsidiary to the main entity – permission to operate as a limited purpose trust company. Thus, NYDIG is now able to offer custody and trade execution services for different cryptocurrencies.
As it was reported earlier, Department of Financial Services of New York issued BitLicense for bitcoin ATMs operator Coinsource. The company is known for the fast operation of its ATMs through a proprietary system for user verification.
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