Genesis Global Trading, a beginner in the industry and a leader in the field of OTC trading digital currencies, today announced that it has received consent from the Department of financial services in new York city for Regulations. The license allows Genesis to facilitating trade in multiple digital currencies, including bitcoin, with its institutional trading partners. Genesis is the first new York trading firm licensed. Thus, to date, Genesis operates on a “safe Harbor” thanks to the decision of the Department, which allows her to safely carry out trade in digital currency.
Genesis provides access to institutional investors and individuals with large net worth who want to buy or sell large amounts of digital currencies. As an officially registered sales partner of Genesis provides deep liquidity opportunities to its trading partners, instant calculations, round-the-clock trading and deep institutional expertise, painted from the time of trade in billions of dollars in digital assets in 2013.
We are very pleased that the Department approved the acceptance of the Genesis Global Trading Regulations. Despite the fact that in recent years we provide a safe solution, obtaining a license is an important step forward and reaffirms our commitment as the official trading partner – said the General Director of Genesis Global Trading Michael Moreau.
In addition to bitcoin, Genesis also supports Ripple,Ethereum, Ethereum Classic, Bitcoin, Cash, Litecoin, and zcash for.
Being registered in the Commission on shares and securities and regulation of the financial services industry FINRA, the Genesis is a subsidiary of Digital Currency Group. DCG is located in the epicenter of the industry bitcoin and blockchain invests in companies in more than 30 countries. In addition to Genesis DCG is the parent company of Grayscale Investments, the largest asset Manager in the industry of digital currency, CoinDesk, the leading company of media and events.
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