May 7 2015 logo-americanbanker.png http://www.americanbanker.com/news/law-regulation/bitcoin-exchange-itbit-gets-ny-trust-charter-bank-partner-1074203-1.html

Bitcoin Exchange itBit Gets N.Y. Trust Charter, Bank Partner

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"itBit sought approval from New York regulators in order 'to serve as a custodian for our clients' assets and expand our services to U.S. customers,' CEO and co-founder Charles Cascarilla said in the release. The company holds bitcoin and fiat currency in custodial accounts."


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