New York Approves Its First Publicly Available Japanese Yen Stablecoin

New York Approves Its First Publicly Available Japanese Yen StablecoinThe New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses for companies engaged in crypto activities. First Regulated Yen […]

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Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility Expansion

Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility ExpansionOrganizations led by an environmental organization filed a lawsuit against the U.S. town Torrey in New York for giving the green light to expand a bitcoin mining facility at the Greenidge Generation power plant. Environmental Organization Leads Lawsuit Against New York Town for Approving Plan to Expand BTC Mining Facility Per court documents, the Sierra […]

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