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WisdomTree May Soon Be Allowed To Conduct Digital Asset Business In The New York State

Mary Liu

Summary: According to information obtained by Fox business reporter Eleanor Terrett, ETF issuer WisdomTree works closely with NYDFS (New York State Department of Financial Services) to provide crypto-related products and services to New York customers. Sources say the NYDFS is “very close” to approving WisdomTree’s Limited Purpose Trust Charter, which means it will be able to ...

According to information obtained by Fox business reporter Eleanor Terrett, ETF issuer WisdomTree works closely with NYDFS (New York State Department of Financial Services) to provide crypto-related products and services to New York customers.

Sources say the NYDFS is “very close” to approving WisdomTree’s Limited Purpose Trust Charter, which means it will be able to conduct digital asset business in New York state, where only nine companies currently have the charters, including Coinbase and Fidelity Digital Assets.

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Link: WisdomTree May Soon Be Allowed To Conduct Digital Asset Business In The New York State   [Copy]
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