By CCN.com: Backed by Paypal co-founder and pro-Bitcoin billionaire Peter Thiel, a crypto brokerage has received a BitLicense allowing it to do business in the state of New York. Tagomi Trading, LLC, is the latest firm to receive the highly sought after green light from the Department of Financial Services. The New Jersey firm went through seven months of applications first. Substantial Opportunity Tagomi CEO and former Goldman Sachs executive Greg Tusar commented on the regulatory approval, saying Tagomi was eager to get started. The executive said: The number of clients that opens up in New York is quite a substantial
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