Software

Bitooda Digital receives BitLicense

February 18, 2022

Bitooda Digital, a subsidiary of Bitooda Holdings, has announced that the New York Department of Financial Services has give the company a BitLicense to provide its diital asset financial services in the state, according to a press release.

With this license, the company plans to cover clients in new York and establish its headquarters in New York City.

"We look forward to leveraging our latest regulatory approval to enhance transparency and professionalism in the New York digital asset marketplace, and to drive adoption through the expansion of compliant digital asset financial solutions available to the growing number of sophisticated institutional clients," Tom Nath, COO and chief compliance officer, Bitooda, said in the release.