Ripple BitLicense
Ripple’s New York BitLicense, from the NYDFS register.
- Legal name (NYDFS)
- Ripple Markets DE LLC (f/k/a XRP II LLC)
- Approval
- BitLicense
- Approved (as published)
- June 13, 2016
- Status
- Active
Ripple Markets DE LLC (f/k/a XRP II LLC) is licensed by the New York State Department of Financial Services (NYDFS) as a virtual currency business, approved on June 13, 2016.
Status note. Formerly XRP II, LLC.
Questions
Does Ripple have a BitLicense?
Yes. NYDFS lists Ripple Markets DE LLC (f/k/a XRP II LLC) as holding a virtual currency license, granted June 13, 2016.
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
- Ripple
- Approved
- NYDFS announcement
- dfs.ny.gov
- Company website
- ripple.com
- NYDFS register
- dfs.ny.gov
- Sources
Source Link NYDFS register of virtual currency businesses https://www.dfs.ny.gov/virtual_currency_businesses PR dated June 13, 2016 https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1606131
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.