The NYDFS grants Bullish a BitLicense, allowing its US entity to offer spot trading and custody services in the state
The digital asset platform is now regulated in the U.S., Germany, Hong Kong and Gibraltar. — What to know: … Bullish (BLSH), the parent company of CoinDesk …
Paxos applies to create a US national trust bank, which would let it manage and hold assets on behalf of customers, following Circle's and Ripple's applications
Here's why that matters Paxos : Paxos to Pursue National Trust Charter with the Office of the Comptroller of the Currency Ronaldo Marquez / Bitcoin Insider : Paxos Applies To Establish National Trust ...
Ripple applies for a US national banking license, which would place its RLUSD stablecoin under the Office of the Comptroller of the Currency's regulatory remit
More accurately, most are seeking trust bank charters that have some of the *benefits* of being a bank but without all the *restrictions* that apply to traditional banks that take deposits and make lo...
Block reaches a $40M settlement with NYDFS for “critical gaps” in its anti-money laundering program, including risk-based controls and customer due diligence
- Block, Inc. had AML gaps including failing to have risk-based controls to prevent money laundering and illicit activity …
Genesis agrees to settle with the NYDFS, under the terms of which the company will surrender its BitLicense, cease operations in New York, and pay an $8M fine
Leo Schwartz / Fortune :
Genesis agrees to a settlement with the NYDFS, under the terms of which it will surrender its BitLicense, cease operations in New York, and pay an $8M fine
The New York Department of Financial Services plans to announce later today a settlement with Genesis Global Trading …
Binance plans to “gradually” end support for its BUSD stablecoin by February 2024, as “Paxos halted minting of new BUSD” after an NYDFS order in February 2023
Jamie Crawley / CoinDesk :
Binance plans to “gradually” end support for its BUSD stablecoin by February 2024, citing Paxos ceasing to mint new BUSD after an NYDFS order in February 2023
The move follows Paxos' decision to halt minting of new BUSD. — Cryptocurrency exchange Binance said it will …
Q&A with Signature Bank board member Barney Frank on the bank's downfall, the impact on crypto, weakening Dodd-Frank in 2018, tougher regulation, and more
pushes back at DFS' assertion that Signature wasn't closed due to an anti-crypto animus... whole thing worth reading @jenwieczner 👏👏 https://nymag.com/... Jake Chervinsky / @jchervinsky : 13/ Frank wo...
Filings: the SEC and NYDFS oppose Voyager's plan to sell assets to Binance.US for $1.02B, alleging the sale of unregistered securities, like Voyager's VGX token
A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York …