Anchorage Digital has just received BitLicense from the New York Department of Financial Services (#NYDFS ), allowing the company to provide safe and regulated cryptocurrency trading services for financial institutions in New York. This is a significant step in promoting the acceptance of crypto in the world's largest financial hub.

BitLicense - A strict but valuable certification

BitLicense is a mandatory license for companies wishing to provide cryptocurrency trading services in New York. However, the licensing process is considered costly and complex, with only a few companies being approved. Owning #BitLicense not only enhances credibility but also opens up significant opportunities in a market full of potential.