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Will Peck on Digital Assets at WisdomTree (EP.526)

Will Peck, Head of Digital Assets at WisdomTree re-joins the show. In this episode we discuss: WisdomTree’s journey in digital assets and the firm’s strategy… ....

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Fidelity rumored to make "seismic" crypto move soon

Fidelity is rumored to be planning a “seismic move” in the crypto markets, according to Andrew Parish, co-founder of Arch Public. The asset management firm… ....

New York , United States , York Trust Charter , Andrew Parish , Fidelity Digital Assets , New York Trust Charter , Reaking News ,

Fidelity rumored to make "seismic" crypto move soon

Fidelity is rumored to be planning a “seismic move” in the crypto markets, according to Andrew Parish, co-founder of Arch Public. The asset management firm… ....

New York , United States , York Trust Charter , Andrew Parish , Fidelity Digital Assets , New York Trust Charter , Reaking News ,

BitGo Receives Trust License From New York Regulators


Reading Time: 2 minutes
by
Anthonia Isichei
on
March 4, 2021 Regulation
California-based digital assets financial services company, BitGo, received a charter to operate in New York as an independent and regulated custodian.
BitGo Scores New York Trust Charter
According to an official announcement on Thursday (Mar. 4, 2021), BitGo was granted the trust license under the New York State Banking law by the New York State Department of Financial Services (NYDFS). The approval comes after BitGo’s earlier application to the NYDFS for a New York Trust Charter back in August 2020.
With the new license, BitGo is able to act as a custodian to institutional clients in the state seeking to make large crypto investments. Also, the company would offer its New York clients an extensive crypto experience, fast onboarding, anti-money laundering (AML) and know your customer (KYC) controls, among other services. ....

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