The company will begin offering custody, escrow, OTC trading, and exchange services for BCH, ETH, LTC, and XLM, in addition to its existing BTC offerings.
Japan Confirms Entrance Into the Crypto Space
Approval by the NYDFS
Itbit announced on Thursday, June 14, that it will start offering several new products based on cryptocurrencies other than BTC.
Itbit will start immediately offering custody, escrow and OTC trading services for these new assets, with platform exchange trading to follow.
Itbit’s Product Offerings
Itbit’s website outlines several services such as crypto exchange, OTC trading, and custody services.
What do you think of Itbit adding BCH, ETH, LTC, and XLM products?
The SEC appears to be clamping down on crypto services offering yield-bearing products to United States citizens.
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Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product offerings.
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