FTX.US has applied with the New York Department of Financial Services (NYDFS) for a trust charter, the firm announced Wednesday. The crypto exchange, the American affiliate of FTX, seems to be inching closer to opening up its services to New York residents. As it waits for approval from regulators, FTX.US has also started gearing up for the possible launch of a New York State limited purpose trust company. Just this Wednesday, FTX.US announced it was hiring, Marissa MacDonald, former chief compliance officer at Fidelity Digital Assets, to serve in the same position at the firm's "to-be formed" New York company. ... (full story)