NYDIG New York Trust Charter
NYDIG’s New York limited purpose trust charter, from the NYDFS register.
- Legal name (NYDFS)
- NYDIG Trust Company LLC
- Approval
- Limited purpose trust company
- Approved (as published)
- November 14, 2018
- Status
- Active
- Approved activities
- custodian for virtual currencies incl. Bitcoin, Bitcoin Cash, Ether, XRP, Litecoin
NYDIG Trust Company LLC is chartered by the New York State Department of Financial Services (NYDFS) as a limited purpose trust company under the New York Banking Law, approved on November 14, 2018.
What NYDFS approved. Custodian for virtual currencies incl. Bitcoin, Bitcoin Cash, Ether, XRP, Litecoin.
Questions
Is NYDIG a New York trust company?
Yes. NYDFS lists NYDIG Trust Company LLC as a limited purpose trust company, granted November 14, 2018.
What can a New York trust company do?
A limited purpose trust company chartered by NYDFS can act as a fiduciary, for example as a custodian of digital assets, under New York Banking Law supervision.
Browse all firms in the NYDFS BitLicense list.
- Brand
- NYDIG
- Approved
- NYDFS announcement
- dfs.ny.gov
- Company website
- nydig.com
- NYDFS register
- dfs.ny.gov
- Sources
Source Link NYDFS register of virtual currency businesses https://www.dfs.ny.gov/virtual_currency_businesses Same PR, November 14, 2018 https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1811141
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.