The encryption trading platform Bullish has obtained a New York BitLicense and will expand into the US market.

On September 17, according to CoinDesk, the New York Department of Financial Services has issued a virtual money business activity license to Bullish US Operations LLC, enabling it to provide spot trading and custody services to New York institutions and sophisticated traders. The trading platform is currently regulated in the United States, Germany, Hong Kong, and Gibraltar, positioning itself as an institutional-level liquidity venue that combines a central limit order book with automated market making. This license approval will assist its expansion in the U.S. market.

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