Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. Go to Source Powered by WPeMatico
New York State
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Law Decoded: The difference between New York City and New York State, April 25-May 2
New York State moratorium on PoW mining reinvigorates the conversation around crypto industry’s sustainability. Go to Source Powered by WPeMatico
Go green or go home? What the NY State mining moratorium could mean for crypto industry
The “anti-technology” bill could accelerate mining operators’ switch to renewable energy, experts say. Go to Source Powered by WPeMatico
New York Mayor urges state to abandon ‘stifling’ BitLicense scheme
“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. Go to Source Powered by WPeMatico
New York legislators to vote on PoW mining moratorium this week
If passed, the suspension of both new licenses and renewal applications will last for two years. Go to Source Powered by WPeMatico
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud. Go to Source Powered by WPeMatico
NY State Supreme Court dismisses petition against crypto mining company
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm. Go to Source Powered by WPeMatico
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James’ office. Go to Source Powered by WPeMatico
New York businesses ask governor to deny permits for crypto mining
Crypto mining’s environmental impact continues to raise concerns with regulators and businesses alike. Go to Source Powered by WPeMatico
New York grants Bakkt coveted BitLicense
Bakkt will also have a money transmitter license in the state of New York. Go to Source Powered by WPeMatico
