New York State – DIGIT INFO

US regulators continue to discuss crypto: Law Decoded, Nov. 13–20

DIGIT — Mon, 20 Nov 2023 21:15:07 +0000

Elizabeth Warren continues pressing for tighter regulation, and Vivek Ramaswamy promises to defend crypto from the government’s overreach if elected.

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US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility

DIGIT — Wed, 05 Apr 2023 19:50:02 +0000

After a lengthy legal tussle, the company will have to pay various fees and fines and take extensive noise control measures.

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NY AG sues KuCoin for selling securities and commodities without registration

DIGIT — Thu, 09 Mar 2023 21:55:37 +0000

New York Attorney General Letitia James said the suit is the first time a regulator has claimed Ether is a security in court.

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New York state announces another upgrade to its virtual currency monitoring capacity

DIGIT — Tue, 21 Feb 2023 22:29:50 +0000

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.

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Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution

DIGIT — Mon, 16 Jan 2023 20:15:00 +0000

While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.

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New York sued by environmental group after approval of crypto mining facility: Report

DIGIT — Sat, 14 Jan 2023 17:19:43 +0000

The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost.

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First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28

DIGIT — Tue, 29 Nov 2022 10:15:00 +0000

New York governor Kathy Hochul signed the moratorium, prohibiting any new mining operations that aren’t based on 100% renewable energy.

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New York AG pushes prohibition of crypto purchases via retirement funds

DIGIT — Wed, 23 Nov 2022 09:20:24 +0000

The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts.

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US national crypto laws should look like New York’s, says state regulator

DIGIT — Wed, 16 Nov 2022 10:09:12 +0000

The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation.

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New York state releases guidance for issuing dollar-backed stablecoins

DIGIT — Wed, 08 Jun 2022 19:15:00 +0000

The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type.

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