Bullish gets BitLicense license in New York to promote U.S. compliance expansion

PANews September 17th news, according to CoinDesk, digital asset platform Bullish has obtained a BitLicense virtual currency business license issued by the New York State Department of Financial Services (NYDFS), allowing it to provide spot trading and custody services to institutional clients and senior traders in New York. Bullish is now regulated in the United States, Germany, Hong Kong and Gibraltar. Company executives said the move marks its U.S. expansion and compliance commitments. Analytical agencies expect Bullish will be officially launched in the United States in 2026 and is expected to account for about 8% of the spot crypto market share of US institutions in 2027.