Bullish, a cryptocurrency exchange platform, has received the New York BitLicense and plans to expand into the US market.

BlockBeats News, September 17th, according to CoinDesk's report, the New York Department of Financial Services has issued a Virtual Currency Business Activity License to Bullish US Operations LLC, allowing it to provide spot trading and custody services to New York institutions and high-net-worth traders.

The exchange 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. This licensed approval will help its expansion in the U.S. market.