Cryptocurrency
Genesis Global Trading Granted BitLicense in New York State via @bloomberg
According to Bloomberg, “Genesis Global Trading, a cryptocurrency broker that specializes in large trades with institutional investors, gained approval to operate in New York under the state’s Department of Financial Services’ BitLicense program. “The regulatory approval is the first for a New York-based trading firm, Genesis said in a statement Thursday. The BitLicense will allow […]
According to Bloomberg, “Genesis Global Trading, a cryptocurrency broker that specializes in large trades with institutional investors, gained approval to operate in New York under the state’s Department of Financial Services’ BitLicense program.
“The regulatory approval is the first for a New York-based trading firm, Genesis said in a statement Thursday. The BitLicense will allow Genesis to facilitate the trading of Bitcoin, Ether, Ethereum Classic, Bitcoin Cash, XRP, Litecoin and Zcash. Genesis offers private over-the-counter trading to its customers.”