Circle Receives Limited Purpose Trust Charter From The New York Department Of Financial Services
Circle’s New York trust charter underscores Circle’s commitment to the highest standards of safety, transparency, and compliance. In 2015, Circle became the first company to receive a BitLicense from NYDFS, marking the
Circle got official permission from New York to operate as a trust company, which means they can hold customer money safely and follow strict rules. This shows Circle is serious about being trustworthy and following the law, which is something to notice when you think about whether the company is well-run.
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