Bullish secures New York BitLicense from NYDFS for U.S. operations expansion

Key Takeaways

  • Bullish received a coveted New York BitLicense from the NY Department of Financial Services (NYDFS).
  • This regulatory approval enables Bullish to offer crypto trading services to New York residents.

Bullish secured a New York BitLicense from the New York Department of Financial Services today, clearing the path for the crypto exchange’s U.S. operations launch.

The BitLicense approval allows Bullish to offer digital asset trading services to New York residents and marks a key regulatory milestone for the company’s expansion into the U.S. market.

The New York Department of Financial Services BitLicense is among the most stringent regulatory frameworks for crypto businesses operating in the United States, requiring companies to meet extensive compliance and consumer protection standards.

Source: https://cryptobriefing.com/bullish-nydfs-bitlicense-expansion/