Virtual Currency

Virtual Currency

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Virtual Currencies

There are multiple paths virtual currency businesses can take to adopt or list virtual currencies: approval of a specific application to DFS for a material change of business; self-certification of a coin listing policy approved by DFS; use of virtual currencies already on the greenlist. For more information, please see Guidance Regarding Adoption or Listing of Virtual Currencies and Coin-Listing Process infographic.

Greenlist

Any licensed entity may use coins on the Greenlist for their approved purpose(s). Note that if a licensed entity decides to use a coin on the Greenlist, it must inform DFS prior to beginning its use.

Updated: June 19, 2020

Coins Approved for Custody Coins Approved for Listing

Bitcoin (BTC)

Bitcoin (BTC)

Bitcoin Cash (BCH)

Bitcoin Cash (BCH)

Ethereum Classic (ETC)

Ethereum (ETH)

Ethereum (ETH)

Gemini Dollar (GUSD)

Gemini Dollar (GUSD)

Litecoin (LTC)

Litecoin (LTC)

Pax Gold (PAXG)

Pax Gold (PAXG)

Paxos Standard (PAX)

Paxos Standard (PAX)

 

Ripple (XRP)

 

Disclaimer: DFS may, at any time and in its sole discretion, prohibit or otherwise limit a coin’s use before or after a VC Entity begins using a coin; require that any VC Entity delist, halt, or otherwise limit or curtail activity with respect to any coin; remove any coin from the Greenlist; refrain from placing any coin on the Greenlist; or discontinue the Greenlist process entirely.