[Mar 24 6:32 PM] Bitcoin Magazine Democrats Propose More Bad Bitcoin And Crypto Regulation On Friday, Maryland Delegate Adrian Boafo (D) and New York Assemblyman Clyde Vanel (D) sent a joint letter to Democratic Congressional leaders urging them to pass…
[Dec 16, 2024 3:48 PM] With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.
[Jun 17, 2024 1:39 PM] The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services.
[Jun 17, 2024 10:45 AM] According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Secures Bitlicense Cumberland…
[Jan 12, 2024 11:07 AM] According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will forfeit its New York state Bitlicense as part of the agreement over compliance failures. Adrienne…
[Jan 9, 2024 11:07 AM] The New York Department of Financial Services (DFS) is drawing some internal heat over whether it's doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli.
[Oct 18, 2023 8:00 AM] Crypto insiders feel they've been burned before in the cauldron of New York’s BitLicense, but they fell that California’s implementation leaves some room for hope.
[Sep 18, 2023 9:49 AM] The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist
[Jul 19, 2023 5:51 AM] Forge will have a right not only to custody the digital assets but also to purchase and sell them for legal tender, as well as to trade against each other.
[Jun 27, 2023 5:20 AM] The Big Apple is big everything. The world’s financial center, it also has a huge population not only of talented developers to hire, but consumers to sell to. In such a huge and bustling ecosystem, crypto may not rate as the city’s highest…
[Apr 17, 2023 11:50 AM] Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services.
[Apr 17, 2023 9:17 AM] The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision.
[Feb 11, 2023 1:30 PM] During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on…
[Feb 9, 2023 11:42 PM] While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year.
[Dec 15, 2022 2:15 PM] The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup.
[Dec 1, 2022 3:25 PM] Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.
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