Cryptocurrency startup Tagomi gets BitLicense to operate in New York

Tagomi Trading LLC, a cryptocurrency venture backed by Paradigm and Pantera Capital, has become the 18th firm to receive a coveted BitLicense. The crypto brokerage firm received approval for a virtual currency license and a money transmission license. As a result, Tagomi is now authorized to offer trading for “non-securities virtual currencies“, including Bitcoin, Bitcoin Cash, Ether, and Litecoin. The controversial BitLicense was first established in 2015 in a bid to regulate