The New York State Department of Financial Services has granted BitLicenses — a business license for virtual currency activities — to both Robinhood Crypto and Libertyx.
Robinhood is now authorized to offer its clients the ability to buy, sell and store seven cryptocurrencies — namely Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
And Libertyx may allow its customers to use debit cards to purchase Bitcoin from traditional ATMs — providing consumers the sale of BTC through debit terminals.
The New York regulator has, until today, approved the offering of crypto services by 16 companies. BitPay, Square and Coinbase are among the latest to receive a BitLicense.
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