Fireblocks obtains New York State cryptocurrency custody license
According to Cointelegraph, on August 15th, Web3 infrastructure provider Fireblocks announced that it has obtained a cryptocurrency custody license in New York State and can now provide cryptocurrency custody services to US customers. Fireblocks stated in a statement, "As of this month, Fireblocks Trust Company, LLC has obtained a limited purpose trust company charter to engage in virtual currency business and will soon begin providing cold storage solutions supported by Fireblocks technology to US customers."The New York Department of Financial Services stated that Fireblocks has joined the list of encrypted companies authorized by the New York Department of Financial Services to hold assets, which includes Coinbase Custody Trust, Fidelity Digital Asset Services, and PayPal Digital.
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