The New York State Department of Financial Services approved its 14th BitLicense, this one to the New York Digital Investment Group.

According to a press release Wednesday, NYDIG will be able to use its virtual currency license to offer liquidity and asset management services to residents of the Empire State.

In addition, the regulator gave the green light to the company’s NYDIG Trust Company subsidiary to operate as a limited purpose trust company. This will allow NYDIG to offer custody and trade execution services, including services for bitcoin (BTC), bitcoin cash (BCH), ether (ETH), XRP (XRP) and litecoin (LTC).

ThirtyK Staff
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