---
title: "Galaxy Digital obtains New York BitLicense and money transmitter approval, enhancing crypto services for institutional clients."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286898896.md"
description: "Galaxy Digital has obtained a New York BitLicense and money transmitter approval, allowing it to expand its regulated crypto services for institutional clients. This development enhances the company's credibility and regulatory compliance, enabling it to cater to a larger client base and strengthen its presence in the competitive cryptocurrency market."
datetime: "2026-05-19T10:37:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286898896.md)
  - [en](https://longbridge.com/en/news/286898896.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286898896.md)
---

# Galaxy Digital obtains New York BitLicense and money transmitter approval, enhancing crypto services for institutional clients.

Galaxy Digital has recently acquired a new BitLicense and approval as a money transmitter, expanding its range of regulated crypto services for institutional clients in New York. This development allows the company to now offer a wider array of services within the state, catering to the needs of institutional customers. The new licenses add to Galaxy Digital's credibility and regulatory compliance, enabling it to enhance its presence in the cryptocurrency market. This move signifies the company's commitment to providing secure and compliant services to its clients, with the approvals opening up opportunities to cater to a larger client base. These authorizations are crucial for Galaxy Digital's operations in New York, paving the way for further growth and expansion in the highly competitive crypto industry.

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