ChainCatcher news, according to The Block, cryptocurrency custodian Anchorage Digital announced that the New York State Department of Financial Services (NYDFS) has issued a BitLicense to its subsidiary Anchorage Digital NY, LLC. This approval enables Anchorage Digital to provide secure and efficient cryptocurrency trading for institutions in New York State, with full functionality expected to be achieved by early 2025.

ChainCatcher news, according to CoinDesk, digital asset trader and liquidity provider Cumberland DRW announced on Monday that the New York State Department of Financial Services (NYDFS) has granted it a virtual currency license, BitLicense.It is reported that Cumberland is a subsidiary of the high-frequency trading firm DRW based in Chicago. Earlier this year, Fidelity chose Cumberland to trade Bitcoin for its Bitcoin spot ETF.