Galaxy secures New York BitLicense to expand institutional crypto services
The NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets.
Why this matters
This maps to the Institutional Adoption hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CointelegraphRelated market context
Samsung Wallet Brings USDC to 82M Galaxy Devices With Coinbase, Solana and Sui Support
Key Takeaways: Samsung Wallet will support 82 million U.S. Galaxy to add transfers on USDC. Coinbase will keep USDC in their Coinb...
Ripple Custody Adds Canton Network Support, Bringing CC and CIP-56 Into One Vault
Key Takeaways: Ripple Custody 1.43 adds support for Canton Network, CC and CIP-56 tokens. Institutions can be given the same custo...
New York Permanently Bars Ex-Celsius CEO Mashinsky From Crypto and Securities Industries
New York Attorney General Letitia James announced on Friday a settlement with Alex Mashinsky, a co-founder and former CEO of crypt...
EU Securities Regulator Wants Crypto Platforms to Wind Down Non-MiCA Stablecoin Services
The European Securities and Markets Authority (ESMA) issued an opinion dated Oct. 8 saying licensed crypto platforms should stop s...
Coinbase Completes Deribit Integration for Institutional Traders
Former International Exchange clients gain Deribit's options suite and margin system, while US Prime options trading follows a sep...
XRP Price Prediction: Can Ripple Hold $1.40 or is $1.20 Next?
Today’s XRP price prediction centers on Ripple’s expansion into Wall Street financing, reigniting a familiar concern for XRP holde...