How to Comply With New York’s BitLicense Requirements for a Crypto Exchange Serving NY Residents in 2026
New York requires any crypto exchange serving NY residents to hold a DFS “BitLicense” or a New York limited purpose trust charter. In 2026, enforcement risk remains high because DFS treats “virtual currency business activity” broadly, including custody, exchange, and transmission. This article explains how to map your product to BitLicense triggers, build a compliant […]