Bitcoin

Spot

Coin

<ul class="news-points"> 
 <li><strong>Eleanor Terrett says WisdomTree and the NYDFS are planning to offer crypto-related products.</strong></li> 
 <li><strong>According to sources, the NYDFS is close to approving a Limited Purpose Charter for WisdomTree.</strong></li> 
 <li><strong>A Limited Purpose Trust Charter would allow WisdomTree to act as a depositor or safekeeper for securities in New York.</strong></li> 
</ul> 
<p>According to Fox Business journalist Eleanor Terrett, asset manager WisdomTree is working closely with the New York State Department of Financial Services (NYDFS) to offer <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/">crypto-related</a> products to customers in New York. According to sources, the NYDFS is close to approving a Limited Purpose Charter for WisdomTree.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">SCOOP: Bitcoin Spot ETF issuer<a href="https://twitter.com/WisdomTreeFunds?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@WisdomTreeFunds</a> is working closely with <a href="https://twitter.com/NYDFS?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@NYDFS</a> to offer <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a>-related products and services to customers in New York. Sources say NYDFS is "very close" to approving a Limited Purpose Trust Charter for WisdomTree which means it will be able to…</p>— Eleanor Terrett (@EleanorTerrett) <a href="https://twitter.com/EleanorTerrett/status/1754553201167106252?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>In a recent post on X (formerly Twitter), Terrett noted that the NYDFS approval would allow WisdomTree to conduct digital asset business in the New York state. The journalist highlighted that only nine other firms, …</p>
<p>The post <a href="https://coinedition.com/asset-manager-wisdomtree-partners-with-nydfs-to-provide-crypto-service/">Asset Manager WisdomTree Partners With NYDFS to Provide Crypto Service</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Asset Manager WisdomTree Partners With NYDFS to Provide Crypto Service

Coin Edition

Other articles published on Feb 6, 2024

HONK Price Prediction As New CEX Listing Sparks Rally Beyond $0.3 All-Time High

Bittensor’s Cryptocurrency Soars as It Boosts Open-Source AI Growth

Bitcoin ETFs: Issuers Battle To Attract Investors With Google Ad Campaigns

Ripple Transactions Stir Investor Unease as Large XRP Moves Surface

Solution Deployed to Restart SOL Network Amid Outage

Court Rules Against Crypto Mining Company, Won’t Force BC Hydro to Provide Power + More Crypto News

Join our free newsletter for daily crypto updates!