The Trading Center for Digital Currencies Coinbase has received official approval in the state of New York for the trading of Ether and Litecoin.
This makes Coinbase the first official trading site for Litecoin and the second one for trading Ether in the state of New York. Just under a year ago, Gemini, the stock exchange of the two Winkelvoss twins Cameron and Tyler Winkelvoss, was the first stock exchange to approve the trading of Ether Coins.
Maria Vullo, Chairman of the Department of Financial Services (DFS), announced the official commercial license last Wednesday. She stressed once again that the approval had preceded a careful review.
Brian Armstrong, one of the founders of Coinbase, also expressed a positive decision on the part of the government agency and emphasized the high security standard of the stock market: “Our top priority is to ensure a secure environment for the trading of digital currencies, if not the safest environment in the world. New York is a very important market for us and we are trying to expand the offer further. “
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