Cumberland DRW Earns BitLicense, Boosting Institutional Crypto Trading in New York

Cumberland DRW has obtained a BitLicense from the NYDFS. The scrutiny around BitLicense is intensifying amid NYDFS audit findings on oversight gaps. Global crypto firms are increasingly focusing on regulatory compliance to foster institutional integration. Cumberland DRW secures BitLicense to enhance its trading operations in New York, amidst growing regulatory scrutiny and global trend towards

Source: CoinOtag