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Paxos Trust – the official cryptocurrency partner of PayPal – has garnered more than $140 million in fresh funding through a Series C funding round. Paxos Trust Is Getting Its...
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New York has always been strict when it comes to bitcoin and cryptocurrency, but now that PayPal has entered the crypto fray, it looks like the company’s position in the...
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A new three-strike rule is now in effect for crypto businesses looking to apply for New York’s dreaded BitLicense. The Dreaded BitLicense Just Got a Lot Worse Regulators have issued...
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Here’s an interesting “reversal of attitude.” The state of New York – which up to this point, has been relatively anti-crypto – is suddenly announcing plans to launch its own...
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New York has never been a crypto-friendly haven. Thanks to the regulations set forth by the now infamous BitLicense, the Big Apple has garnered a reputation for allegedly being anti-blockchain....
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The dreaded BitLicense is widely regarded as one of the most notorious and controversial pieces of crypto legislation ever administered, which is why whenever a company gets one, it’s kind...
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The New York State Department of Financial Services (NYDFS) is taking matters into its own hands when it comes to cryptocurrency. As the financial regulator for the Big Apple, it...
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In a recent interview, New York Assemblyman Ron Kim explained how the state could potentially benefit from blockchain technology. Mending a Broken Relationship In the past, New York and blockchain...
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The New York Digital Investment Group (NYDIG) has obtained regulatory approval for running cryptocurrency custody and trading operations in New York. NYDIG Gets BitLicense A BitLicense is a mandatory business...