New York State, known as the strictest regulatory authority, currently has only ten financial institutions holding limited purpose trust company licenses, including Coinbase and Fidelity. Another virtual currency license related to digital assets, managed according to the BitLicense regulations, is held by companies such as Paypal, Robinhood, Circle, Block, and eToro.
WisdomTree Granted NYDFS License for Limited Purpose Trust Company, Set to Launch Gold and USD Tokens
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