Generative Data Intelligence

Tag: NYDFS

Signature Bank Reports 15% Transaction Volume Surge with Its Ethereum-Based Signet Blockchain Solution  

Signature Bank (SBNY: NASDAQ), a New York-based full-service commercial bank, announced that the private beta launch of Signet, its Ethereum-powered distributed ledger technology...

New York may Finally Ease up on Crypto Regulations

New York has always been a tough region for cryptocurrency firms. Strict and somewhat unnecessary regulation have made this a region to...

New York Regulator Proposes Cryptocurrency Overhaul to Boost Adoption of Digital Assets

ADVERTISEMENT The New York Department of Financial Services (NYDFS), which regulates the state’s financial infrastructure, is proposing a plan that would ease the city’s...

New York planning to ease licencing for crypto companies: state financial regulator says

The New York State Department of Financial Service is proposing a new framework with ‘conditional licencing’ to complement the present BitLicense Five years after...

New York Regulator Considers Conditional BitLicenses For Crypto Businesses

The New York State Department of Financial Services (NYDFS) is proposing a Conditional BitLicense to make it easier for crypto firms to operate...

New York State Regulator to Make It Easier for Cryptocurrency Businesses

A new report informed that the New York State Department of Financial Services (NYDFS) had proposed new licensing rules that could ultimately facilitate...

New York Financial Regulators Loosen Restrictions on Crypto Firms

New York appears to be reconsidering its approach to regulation for crypto firms as its Virtual Currency License continues to be a brick...

Blockchain Bites: BitLicense at 5, Lawsky’s Fallacy and Hehmeyer’s Pivot

Today marks five years of the BitLicense, the controversial crypto safety rail enacted by New York State’s top financial watchdog. In half a...

BitLicense at 5: For Startups Regulated Overseas, New York Isn’t So Tough

When the BitLicense was introduced in 2015, 15 crypto firms including international players like Hong Kong’s Bitfinex and Swiss company ShapeShift (which operates...

BitLicense at 5: Despite Architect Lawsky’s Hopes, Few States Copied NY Rules

As Benjamin Lawsky, then the head of the New York State Department of Financial Services (NYDFS) was readying his cryptocurrency business licensing regime...

BitLicense at 5: A Timeline of New York’s Landmark Cryptocurrency Regulation

New York’s BitLicense debuted in 2015 to mixed reviews. Many found the regulation to be too cumbersome and felt that crypto startups were...

New York Moves to Lure Crypto Startups as BitLicense Turns Five

Five years after throwing up a wall around its market few crypto startups could scale – a wall known as the BitLicense –...

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