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Tag: New York Department of Financial Services

Exploring New Territory with Paxos on Solana Blockchain

Paxos, a leading stablecoin issuer, has received a green light from the New York Department of Financial Services (NYDFS) to extend its operations...

What Is USDC?

Stablecoins like USDC have become a cornerstone in the cryptocurrency ecosystem, offering unique stability and reliability. This article provides an in-depth exploration of the...

Regulatory and Legislative Update – November 2023

Regulatory and Legislative Update – November 2023December 8, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALFATFThe Financial Action Task Force (FATF) is a global money...

New York Regulator: Crypto ‘Lends Itself to Illicit Finance’ – Decrypt

New York state financial regulator Adrienne Harris argued that crypto’s “element of anonymity” creates an environment in which it can be used in illicit...

Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle, a leading issuer of stablecoins, has recently addressed and strongly refuted allegations regarding its involvement in illicit financing and alleged connections with Justin...

Paxos receives two in-principle approvals in Abu Dhabi

Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi...

Paxos to Issue USD Stablecoin in Singapore

Stablecoin issuer Paxos has received in-principle approval from Singapore’s central bank to offer digital payment token services in the city-state. ...

Will the fall of SBF, “King of Crypto” propel the bull?

Hello there, and welcome to another crypto news roundup from Coinigy.So, we’ll keep this super short.We’ve all seen the news of SBF’s case and...

Billion-Dollar Bank Pays $29,500,000 Fine Over ‘Massive Fraud’, Allowing Criminals to Access $300,000,000 – The Daily Hodl

The Federal Reserve and New York Department of Financial Services are hitting a US bank with a multi-million dollar fine for violating the Bank...

Blow As Regulator NYDFS Removes XRP, Dogecoin From Its Approved Greenlist

Advertisement &nbsp &nbsp The New York Department of Financial Services (DFS) has tightened its noose on crypto assets, removing over a dozen well-known...

Congress Is Stuck On Crypto Regulation. States Aren’t. – CryptoInfoNet

Federal lawmakers aren’t likely to pass comprehensive crypto legislation any time soon, but that doesn’t mean the regulatory landscape isn’t changing in ways the...

XRP Removed From Important List: Pro-Ripple Lawyer Comments

While XRP’s price is performing relatively well throughout the past week, adding over 6% to its dollar value, the cryptocurrency has been removed...

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