New York Grants BitLicenses to Robinhood Crypto and LibertyX
On January 24, 2019 the New York Department of Financial Services (the “DFS”) announced that it had granted BitLicenses to Robinhood Crypto, LLC and Moon Inc. (d/b/a LibertyX). These are the fifteenth and sixteenth BitLicenses granted by the DFS since the final BitLicense rules were released in 2015.
Robinhood Crypto is a subsidiary of popular stock trading platform Robinhood, which allows users to make commission-free trades of stocks, ETFs, options and select digital assets online and…