Tag: NYDFS
Top New York Regulator Updates Crypto Guidance After Departure Announcement
NYDFS updates crypto guidance ahead of Harris’ departure, focusing on custodianship and user protection in insolvency cases. New York Department of Financial Services (NYDFS)…
Coinbase Gains NYDFS License to Boost Global Reach
Coinbase’s NYDFS approval enables it to expand services in New York. The license ensures adherence to severe AML and KYC regulations. NYDFS of New York…
New York Crypto Regulation Duties Undergo Intriguing Shift
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…
Winklevoss Twins Launch US Dollar-Backed Cryptocurrency
Tyler and Cameron Winklevoss have received NY state approval for the launch of the Gemini Dollar, a U.S. dollar-backed cryptocurrency. The impact that cryptocurrency is…
Benjamin Lawsky Clears the Air about His Intentions behind BitLicense
Benjamin Lawsky, the former superintendent of the New York Department of Financial Services known for introducing the controversial licensing regime for Bitcoin and cryptocurrency industry…
itBit — the First Company to Receive BitLicense
While the controversial BitLicense is about to be finalized later this month by the New York Department of Financial Services, itBit has become the first ever…
Interesting Comments on NY’s BitLicense by Red Dragon’s BTC Exchanges
In a joint letter addressed to the NYDFS head, Benjamin Lawsky, the heads of three of china’s exchanges, BTC China, Huobi, and OKCoin Bobby Lee,…
