Oh, the audacity of Bullish! With a flourish of regulatory ink, they’ve snatched New York’s Bitlicense, like a poet stealing the moonlight for a verse. The financial cop, stern yet smirking, gives a nod-a U.S. push is afoot, and the stage is set for a crypto ballet on Wall Street’s cracked pavement.
Bullish: New York’s Latest Darling in the Crypto Carnival 🎪
Bullish (NYSE: BLSH), with a wink and a grin, announced Wednesday that its U.S. arm, Bullish US Operations LLC, has secured the coveted Bitlicense and Money Transmission License from the New York State Department of Financial Services (NYDFS). A bureaucratic triumph, no? 🥳
These approvals, like keys to a gilded cage, allow the firm to offer digital asset spot trading and custody to institutions and those traders who fancy themselves above the fray. Ah, the dance of regulation and ambition!
The Bitlicense-a grand title for the NYDFS’s “Virtual Currency Business Activity License”-adds New York to Bullish’s map of regulated conquests. A U.S. rollout beckons, and clarity, they say, is the aphrodisiac of the compliance-obsessed. 🧐
“Ah, the Bitlicense and Money Transmission License!” CEO Tom Farley exclaimed, his voice dripping with the gravitas of a former NYSE president. “A testament to Bullish’s commitment to regulatory compliance, and New York, that fickle muse, leads the way in virtual currency oversight.” He yearns, he claims, to plug into the city’s financial heartbeat-a heartbeat that pulses with both greed and grandeur. 💼
Chris Tyrer, president of Bullish Exchange, called the approval a “significant regulatory milestone,” a phrase as dry as yesterday’s bread but no less important. For U.S. growth, he says, and to signal credibility in the “financial capital of the world.” Regulated, high-performance services? Oh, how the institutions will swoon! 🌟
And so, the licenses crown a year where traditional finance and crypto natives chased clarity like lovers in a fog. Bullish’s pitch? Simple, yet seductive: market plumbing, data, and custody that can appease compliance teams from Albany to Wall Street-all stamped with New York’s seal of approval. A poet’s dream, a trader’s gamble. 🎲
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2025-09-17 17:43