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New York Financial Regulator Greenlights 10 Tokens for Custody

imageCryptocurrency6 hours ago (Aug 11, 2020 03:40AM ET)

New York Financial Regulator Greenlights 10 Tokens for Custody

The New York State Department of Financial Services has issued a greenlist of 8 virtual currencies for sale and trade, and 10 coins approved for custody by licensed entities.

According to a Aug. 3 update on the New York Department of Financial Services website (NYDFS), state regulators have approved 8 cryptocurrencies for listing and trading. These tokens include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Binance USD (BUSD), Gemini Dollar (GUSD), Pax Gold (PAXG), and the Paxos Standard Token (PAX). The NYDFS also greenlighted the same coins for custody as well as XRP and Ethereum Classic (ETC).

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New York Financial Regulator Greenlights 10 Tokens for Custody

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