New York issues its 14th BitLicense to New York Digital Investment Group
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The New York State Department of Financial Services (DFS) just issued a BitLicense to New York Digital Investment Group (NYDIG), enabling the company to offer "secure custody and trade execution services" for cryptocurrencies including bitcoin, bitcoin cash, ether, XRP, and litecoin. To date, DFS has issued a total of 14 BitLicenses to companies including Square, Coinbase, and Gemini. (Source: New York State Department of Financial Services)
AUTHOR
Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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