Overview
The New York Department of Financial Services (NYDFS) regulates banks, insurers, and virtual currency businesses in New York. Issues bitlicense and limited purpose trust charters for digital-asset firms.
Recent Developments
- 2026-07-31: Granted limited purpose trust charter to circle-new-york-trust (2026-07-31-circle-nydfs-trust-charter).
- Other trust charter holders cited: Coinbase, Moonpay, Bitgo, Paxos (2026-07-31-circle-nydfs-coindesk).
- 2015: Issued first bitlicense to circle.