Ethereum (available on Coinbase)(ETH), Bitcoin (available on Coinbase) Cash, Litecoin (available on Coinbase)(LTC), & Stellar(XLM) – New York-based regulated exchange, itBit, has just received approval from the State Department of Financial Services to offer more cryptocurrencies on its platform.

We’re excited to announce that itBit has been approved to offer Ethereum (available on Coinbase), Bitcoin (available on Coinbase) Cash, Litecoin (available on Coinbase), and Stellar Lumens! https://t.co/EUPbkqMmTR
— itBit (@itBit) June 14, 2018

Itbit announced this morning that it would begin offering custody, escrow, OTC trading, and exchange services for Bitcoin (available on Coinbase) (BTC), Ethereum (available on Coinbase) (ETH), Bitcoin (available on Coinbase) Cash(BCH), Litecoin (available on Coinbase)(LTC), and Stellar(XLM).

itBit’s announcement reads:

“Global crypto asset platform Itbit announced today it has received approval from the New York State Department of Financial Services (NYDFS) to offer expanded trading and custody services for Bitcoin (available on Coinbase) cash (BCH), Ethereum (available on Coinbase) (ETH), Litecoin (available on Coinbase) (LTC) and Stellar Lumens (XLM). Itbit will start immediately offering custody, escrow and OTC trading services for these new assets, with platform exchange trading to follow.”

In mid-2015, Itbit became the first Bitcoin (available on Coinbase) (BTC) exchange to be given a banking license by the NYDFS. Under the New York banking laws, the exchange is allowed to operate in all 50 U.S. states.

“By gaining this regulatory approval, we are now able to open the doors for individuals and institutions to access crypto assets beyond just Bitcoin (available on Coinbase),” itBt COO Andrew Chang said.