This page may contain stale information. Last updated: 2026-07-31

Definition

BitLicense is nydfs’s virtual currency business license under New York’s BitLicense framework. circle received the first BitLicense in 2015.

Key Points

  • Distinct from limited-purpose-trust-charter (fiduciary/custody banking charter)
  • Circle maintains both BitLicense relationship and new trust charter (2026)

Sources