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Bakkt secures BitLicense in New York Business Digital currency trading platform Bakkt has been awarded a BitLicense in New York by local regulators, allowing the firm to offer virtual currency trading services to customers in the state. The New York State Department of Financial Services (NYDFS) confirmed Bakkt’s licensing application this week, making it the latest firm to secure the exclusive license, under the regulatory watch of the NYDFS. The agency said the license would now enable Bakkt to support customers in New York in buying and selling digital currencies and other digita...

New York State Department Of Financial Services Superintendent Lacewell Announces DFS Grants Virtual Currency And Money Transmitter Licenses To Bakkt Marketplace, LLC Date 11/03/2021 Financial Services Superintendent Linda A. Lacewell today announced that the New York State Department of Financial Services (DFS) has approved the application of Bakkt Marketplace, LLC, a wholly owned subsidiary of Bakkt Holdings, LLC, for virtual currency and money transmitter licenses.   "With new technology advancing every day, DFS is proud to be at the forefront of financial innovation through our con...

New York State Department of Financial Services Grants BitLicense to Bakkt   New York Financial Services Superintendent Linda A. Lacewell announced on Thursday the New York State Department of Financial Services (DFS) has approved the application of Bakkt Marketplace, LLC, a wholly-owned subsidiary of Bakkt Holdings, LLC, for virtual currency and money transmitter licenses. According to the DFS, the license will allow Bakkt Marketplace to offer its New York customers the ability to buy and sell virtual currency and subject to DFS’s supervision of its licensed activities. As previously rep...

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Bakkt gains New York BitLicense 11 March 2021 Source: NYDFS Financial Services Superintendent Linda A. Lacewell today announced that the New York State Department of Financial Services (DFS) has approved the application of Bakkt Marketplace, LLC, a wholly owned subsidiary of Bakkt Holdings, LLC, for virtual currency and money transmitter licenses. "With new technology advancing every day, DFS is proud to...

SHARE Bakkt LLC, a digital asset startup founded by New York Stock Exchange owner Intercontinental Exchange Inc., today announced plans to go public via a special-purpose acquisition company, the latest startup to take the SPAC route. The plans to go public involve a company listed on the Nasdaq called VPC Impact Acquisition Holdings, a SPAC sponsored by Victory Park Capital. The combined companies will be renamed Bakkt Holdings Inc. and will be listed on the New York Stock Exchange despite the SPAC currently being listed on the Nasdaq. The combined companies will list with an expected valuat...