Bullish Secures New York BitLicense to Accelerate U.S. Digital Asset Expansion
Bullish has officially secured a New York BitLicense and a Money Transmission License from the New York State Department of Financial Services (NYDFS), paving the way for its U.S. subsidiary - Bullish U.S. Operations LLC to provide regulated digital asset trading and custody services. This approval is a landmark achievement for the exchange, signaling its readiness to play a major role in the digital asset expansion of institutional finance in one of the most highly regulated markets in the world.
Why the BitLicense Matters
Introduced in 2015, New York’s BitLicense is one of the strictest and most respected regulatory frameworks for digital asset businesses. It requires compliance with rigorous standards around capital requirements, consumer protection, cybersecurity protocols, anti-money laundering (AML) controls, and Know Your Customer (KYC) policies.
For Bullish, obtaining the BitLicense is more than a legal requirement it is a stamp of credibility. It shows that the company has the infrastructure, governance, and financial safeguards to operate in a state often viewed as the financial capital of the world.
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