Mike Novogratz’s Galaxy receives New York BitLicense for institutional crypto push

CoinDesk Staff

(05:01 PM UTC)

1 min read

Galaxy Digital became the second company this year to secure a New York BitLicense, following Strike’s approval in March.

Galaxy Digital said Monday that New York regulators granted the company a BitLicense and money transmitter license, allowing the crypto financial services firm to expand institutional digital asset operations in one of the industry’s most tightly regulated markets.

The approval…

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