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New Crypto Rules in New York + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The New York Department of Financial Services (NYDFS) issued their 'Proposed Guidance Regarding Adoption or Listing...

$4 Billion US Fintech Startup Sofi Receives New York Bitlicense


Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...

Fidelity Investments Acquires License for Crypto Trading in New York


New York-based Wall Street brokerage firm Fidelity Investments has been granted a license to trade in cryptocurrencies. Fidelity Investments works in the crypto business through its subsidiary, Fidelity Digital Assets Services (FDAS). Through an official proposal, FDAS had applied for the Trust...

Taiwanese Buy USD 15m Condo In New York with Bitcoin


389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC). Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3...

OneCoin Scam Accused Lawyer’s Trial to Begin in New York


The trial process of a US-based lawyer named Mark Scott, who was recently blamed for being involved in embezzlement of the proceeds from the notoriously famous OneCoin cryptocurrency “scam,” has started in the New York City. According to the reports describing the allegations imposed on the lawyer...

New York’s Financial Regulator Is Reviewing the Controversial BitLicense


The New York Department of Financial Services (NYDFS) is revisiting its controversial virtual currency license, the regulator’s head said Tuesday. Speaking at Georgetown University’s Institute of International Economic Law during DC Fintech Week, NYDFS Superintendent Linda Lacewell said...

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