Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services...
Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services...
In a notable development, the New York Department of Financial Services (NYDFS) has undertaken a substantial revision of its virtual currency framework, resulting in XRP, Dogecoin, Litecoin, among others being...
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist 1982 Total views 15 Total shares...
According to a recent report, Peter Marton, a pivotal player in crypto regulations and Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services (NYSDFS), has...
Parikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.Crypto exchange bitFlyer USA was fined $1.2 million by New York State...
Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of Financial Services (NYDFS) published its internal...
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services. 2775 Total views 4 Total shares Own...
Signature Bank’s high-profile closure last month happened due to liquidity issues rather than a regulatory agenda against crypto, according to Adrienne A. Harris, the superintendent of the New York State...
The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was working to implement “Operation Choke Point 2.0.” 677 Total views 17 Total shares...
The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a variety of illegal activities. 1739 Total...