Cumberland Expands Operations with Acquisition of New York's BitLicense

Monday, 17 June 2024, 16:58

Cumberland, a notable crypto trading firm, recently acquired the prestigious BitLicense in New York. This move solidifies the company's position as a leading player in the industry. Being among the few principal trading firms holding the state's crypto license enhances Cumberland's credibility and opens doors to new opportunities in the digital asset space.
CoinDesk
Cumberland Expands Operations with Acquisition of New York's BitLicense

Cumberland Acquires BitLicense

Crypto trading firm Cumberland's recent acquisition of New York's BitLicense is a significant milestone.

Boosting Credentials

Cumberland solidifies its position in the industry as a leading player.

  • Enhanced Credibility
  • New Opportunities

The company's ownership of the state's crypto license reflects its commitment to compliance and advancement in the digital asset realm.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe