According to BlockBeats, the New York Department of Financial Services has granted Bullish US Operations LLC a license for virtual currency business activities. This approval enables the company to offer spot trading and custodial services to institutions and advanced traders in New York.
The platform is currently regulated in the United States, Germany, Hong Kong, and Gibraltar, positioning itself as an institutional-grade liquidity venue that combines a central limit order book with automated market making. The newly acquired license is expected to facilitate Bullish's expansion in the U.S. market.