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Bookmarking Crypto InsightsThu, 29 Feb 2024 01:00:33 +0000en-US
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3232Gemini Agrees to Over $1 Billion Restoration in Settlement With New York Regulators
https://www.digit.info/gemini-agrees-to-over-1-billion-restoration-in-settlement-with-new-york-regulators/
Thu, 29 Feb 2024 01:00:33 +0000https://www.digit.info/2024/02/29/gemini-agrees-to-over-1-billion-restoration-in-settlement-with-new-york-regulators/Read more]]>In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes as a significant development for the exchange amidst several ongoing legal challenges with big-name crypto firms and heightened […]
]]>New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’
https://www.digit.info/new-york-regulator-calls-crypto-theories-associated-with-signature-bank-closure-ludicrous/
Thu, 06 Apr 2023 23:30:21 +0000https://www.digit.info/2023/04/06/new-york-regulator-calls-crypto-theories-associated-with-signature-bank-closure-ludicrous/Read more]]>Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured deposits” and insufficient liquidity were some of the reasons why it was closed. Signature Bank’s Liquidity […]
In an agreement with the New York Department of Financial Services (NYDFS), the Winklevoss-led cryptocurrency exchange Gemini has committed to returning over $1 billion to its customers. The settlement, which also includes a $37 million fine, comes as a significant development for the exchange amidst several ongoing legal challenges with big-name crypto firms and heightened […]
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Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured deposits” and insufficient liquidity were some of the reasons why it was closed. Signature Bank’s Liquidity […]