NYDFS hosts crypto industry competition to get real-time data on Bitlicensees
Emerging analytics technology is the name of the game for the next stage in crypto regulation. Go to Source Powered by WPeMatico
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Emerging analytics technology is the name of the game for the next stage in crypto regulation. Go to Source Powered by WPeMatico
The 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 … Read more
Japanese firm GMO will now be able to offer Yen and dollar-pegged stablecoins to the public in New York. Go to Source Powered by WPeMatico
Organizations 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 … Read more
The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval “through two separate but interdependent approval applications.” Go to Source Powered by WPeMatico
For now, PayPal’s crypto payments are more about satisfying regulators than providing users with crypto capabilities. Go to Source Powered by WPeMatico
15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its … Read more
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators. Go to Source Powered by WPeMatico
The New York State Department of Financial Services has created a Greenlist of pre-approved cryptocurrencies for custody service and listing. Meanwhile, crypto-friendly SEC Commissioner Hester Peirce, also known as Crypto Mom, has been confirmed for another term at the commission. NY Regulator’s Cryptocurrency Greenlist The New York State Department of financial services (DFS), the Bitlicense … Read more
New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court. Go to Source Powered by WPeMatico