The New York Authorities Issued The First Crypto License In 2020

ErisX crypto platform was the first this year to receive a license from the New York state to engage in activity with digital currencies. A press release informs, with this permission, Eris Clearing will be able to provide the customers with the ability to purchase and sell cryptocurrencies on the ErisX platform.

"We are pleased that the NYDFS recognized our commitment to the high standards we borrowed from existing capital markets structures and applied them to the cryptocurrency space," Thomas Chippas, ErisX's CEO, said in a statement.

The company also has a license MTL - money transfer and DCM - an authorized derivatives market. These permits are valid in 47 states.

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