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Bullish, a cryptocurrency exchange backed by Peter Thiel, successfully debuted on the New York Stock Exchange on August 13, 2025, raising approximately $1.1 billion in its initial public offering (IPO). The company priced its shares at $37, above the expected range of $32 to $33, and opened at $90, representing a 143% increase. During trading, … Read more
The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due to deficiencies in its anti-money laundering (AML) program and failures in due diligence related to its partnership with Binance. Superintendent Adrienne A. Harris announced that Paxos will pay a $26.5 million penalty and invest an … Read more
New York Attorney General Letitia James is warning that dangerously flawed stablecoin bills could expose U.S. financial markets to chaos by lacking critical guardrails and enforcement. Weak Stablecoin Bills Risk Undermining US Financial Stability, James Warns New York Attorney General Letitia James has raised concerns that proposed federal legislation on stablecoins lacks the safeguards needed … Read more
The recent inaugural NYC Digital Asset Summit Roundtable, hosted by Mayor Eric Adams, focused on New York City’s strategy for engaging with the blockchain sector. Key participant Joshua Maddox stressed the importance of public-private collaboration for scaling Web3 adoption. NYC Reopens Doors to Tokenization When New York City, a global financial nerve center, convenes a … Read more
New York City is charging ahead to become the global crypto capital, backed by the mayor’s aggressive push to scrap stifling rules and embed blockchain citywide. ‘A Legacy to Leave’: NYC Mayor Pushes to Crown City as Global Crypto Capital A growing commitment to blockchain and digital assets is reshaping how New York City envisions … Read more
Moonpay USA has received approval for its bitlicense and money transmitter licenses from the New York State Department of Financial Services (NYDFS), allowing the company to offer its full range of fiat-to-crypto services to customers in New York. This milestone completes Moonpay’s regulatory coverage across the United States, enabling the company to directly serve clients … Read more
Two New York Police Department detectives are under investigation for their alleged involvement in the captivity of an Italian cryptocurrency entrepreneur. Unapproved Security Services Two New York Police Department (NYPD) detectives who reportedly provided security at a luxury apartment where an Italian cryptocurrency entrepreneur was held captive are under investigation. Detectives Roberto Cordero and Raymond … Read more
New York City Mayor Eric Adams unveiled plans to issue Bitcoin Bonds during his appearance at the Bitcoin 2025 conference in Las Vegas on May 28. The initiative, still light on structural details, aims to integrate bitcoin into municipal finance and advance Adams’ vision of New York as the “crypto capital of the world.” Described … Read more
New York City unleashes crypto ambitions as Mayor champions tokenization, fintech jobs, and blockchain-powered city services in bold new vision. Mayor Eric Adams Unveils NYC’s Digital Asset Future at First Crypto Summit At the first New York City Crypto Summit held on May 20, Mayor Eric Adams delivered forceful remarks highlighting the city’s ambition to … Read more
A brutal crime spree in NYC nightlife was brought to justice as blockchain sleuthing by Coinbase exposed killers, recovered funds, and redefined crypto’s role in law enforcement. Coinbase Says ‘It Was One of the Most Difficult Cases We’ve Supported’ Paul Grewal, chief legal officer at crypto exchange Coinbase (Nasdaq: COIN), revealed on May 6 that … Read more