WisdomTree has achieved regulatory clearance from the New York State Department of Financial Services (DFS) to operate its digital asset business in the state, placing it among a select group of entities approved in one of the United States’ most rigorous crypto regulatory environments.
The Bitcoin exchange-traded fund (ETF) issuer obtained a charter to function as a limited-purpose trust company under the New York Banking Law, as announced in a statement on March 22. This charter paves the way for the…
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