Galaxy Digital Receives License to Offer Regulated Digital Asset Services in New York

Galaxy Digital (GLXY) has been granted a BitLicense and money transmission license by the New York State Department of Financial Services, allowing its subsidiary GalaxyOne Prime NY to provide regulated digital asset services to institutional clients. This regulatory approval could enhance the company's credibility and expand its market presence in the growing crypto sector.

By Mary Christine Joy, SA News Editor · Seeking Alpha ·

Galaxy Digital Receives License to Offer Regulated Digital Asset Services in New York

Tickers: $GLXY

Topics: digital_assets financial_services

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