Fox Reporter: NYDFS is “very close” to approving WisdomTree to launch digital asset business in New York State
Fox reporter Eleanor Terrett posted on social media that ETF issuer WisdomTree is closely working with the New York State Department of Financial Services (NYDFS) to provide cryptocurrency-related products and services to New York customers. Sources say that NYDFS is "very close" to approving WisdomTree's Limited Purpose Trust Charter, which means the company will be able to conduct digital asset business in New York State. Currently, only 9 companies have a New York State cryptocurrency limited purpose trust license, including Coinbase and Fidelity Digital Assets from Fidelity.
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