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NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
19.5.2023
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said
Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees
18.5.2023
Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
11.5.2023
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment for bail
‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US
8.5.2023
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time...
NY Attorney General Proposes Bill To Rein In Cryptocurrency Industry
5.5.2023
New York Attorney General Letitia James proposed legislation that would require refunds of customers and audits of cryptocurrency exchanges in her latest move to rein in the industry.
James’ program bill proposes the “strongest and most comprehensive set of regulations on cryptocurrency in...
New York AG's office seeks additional authority over crypto firms
5.5.2023
Under a bill proposed by New York Attorney General Letitia James, crypto exchanges could be required to reimburse users who were the victims of fraud
New York Attorney General Seeks New Crypto Powers for State Regulators: Report
5.5.2023
The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo
Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report
4.5.2023
Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield.
The company argued that, while there are multiple reports on global crypto development, regional reports...
Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
3.5.2023
The Blockchain Association is moving out of New York.
One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the state to focus on federal policy....
Read More: Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
Blockchain Association Leaves New York as Federal Regulatory Fight Looms
3.5.2023
The advocacy group will refocus its efforts on petitioning regulators and officials in Washington
Celsius Founder Mashinsky Denies ‘Baseless’ Fraud Claims From New York State
3.5.2023
Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender
Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
26.4.2023
Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market
OpenSea 'insider trading' trial kicked off in New York district court
25.4.2023
The court case might have a decisive influence on the legal classification of NFTs
Solana’s Annual Carbon Footprint Equals 8 Flights from London to New York
21.4.2023
The real-time dashboard, produced by the Solana Foundation, shows how much carbon the smart contracts platform is emitting
Stop the Presses: Criticism Against the New York Times Mounts as Newspaper Is Accused of Killing 59 Million Trees Annually
19.4.2023
After the New York Times (NYT) published an editorial about bitcoin mining, claiming the industry is harmful to the environment, an organization called Stop the Presses took issue with the Times’ paper usage. Stop the Presses launched a social media campaign against the NYT’s newspaper...
New York Financial Regulator Adopts Assessment Rule for Crypto Companies – Here's What You Need to Know
18.4.2023
The New York State Department of Financial Services has passed a new law that requires companies holding a BitLicense to pay assessment fees similar to insurance and banking firms.
The regulation will give the NYSDFS new authority to “collect supervisory costs from licensed virtual currency...
NYDFS adopts regulation to assess supervisory costs for licensed crypto firms
17.4.2023
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services
NY Financial Regulator Adopts Virtual Currency Assessment Rule
17.4.2023
The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision
Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud
16.4.2023
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace...
The New York Times' Skewed Bitcoin Mining Expose Reveals Blatant Bias
11.4.2023