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Cumberland BitLicense

Cumberland’s New York BitLicense, from the NYDFS register.

Legal name (NYDFS)
Cumberland New York LLC
Approval
BitLicense
Approved (as published)
June 2024
Status
Active

Cumberland New York LLC is licensed by the New York State Department of Financial Services (NYDFS) as a virtual currency business, since June 2024.

Questions

Does Cumberland have a BitLicense?

Yes. NYDFS lists Cumberland New York LLC as holding a virtual currency license, granted June 2024.

What does a BitLicense mean for customers?

A BitLicense is New York’s license for virtual currency business activity with New York residents, such as exchange, custody or transfer services.

Browse all firms in the NYDFS BitLicense list.

Brand
Cumberland (DRW)
Company website
cumberland.io
NYDFS register
dfs.ny.gov
Sources
SourceLink
NYDFS register of virtual currency businesseshttps://www.dfs.ny.gov/virtual_currency_businesses

Source: the NYDFS list of regulated virtual currency businesses and NYDFS announcements, linked on each record. NY Presswire is not affiliated with NYDFS; the NYDFS register is the official record.

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