Fox Reporter: NYDFS is “very close” to approving WisdomTree to start digital asset business in New York State
February 6th, 2024

Fox reporter Eleanor Terrett tweeted that ETF issuer WisdomTree is working closely with the New York State Department of Financial Services (NYDFS) 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 the company will be able to conduct digital asset business in New York state. Only nine companies currently have New York state cryptocurrency limited purpose trust licenses, including Coinbase and Fidelity Digital Assets.

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