The virtual currency license permits the crypto exchange to operate in New York legally. ErisX has also been approved for a money transmitter license ...
source https://www.google.com/url?rct=j&sa=t&url=https://www.fxstreet.com/cryptocurrencies/news/crypto-exchange-operator-erisx-receives-the-first-bitlicense-of-the-year-from-new-york-regulator-202005072348&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNF6g-HYfn3cHgh7p3q6_2xkECAPRw
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