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NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
24.4.2022
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud
NY State Supreme Court dismisses petition against crypto mining company
8.4.2022
The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm
Bitcoin Mining Ban Bill Makes It Out of New York State Assembly Committee
22.3.2022
The bill aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network
DC Lobbying Group Expands to New York State Capital
17.3.2022
The crypto trade association’s new office in Albany will act as a foothold for state-level lobbying
New York Bitcoin mining moratorium bill garners more support
4.3.2022
The bill to suspend crypto mining for 3 years is gaining steam in New York State, while the state’s environmental agency determines how much mining impacts the environment
New York state ramps up blockchain monitoring to enforce sanctions
3.3.2022
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians
One Of The USA's First Omicron Cases Attended Big Anime Convention
2.12.2021
As governments and health authorities around the world battle to contain the spread of the new Omicron strain of Covid-19, it has been reported that one of the first cases detected in the United States, a man who had travelled to New York from Minnesota, was in the city to attend an anime...
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
19.10.2021
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James' office
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium
18.10.2021
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter...
New York businesses ask governor to deny permits for crypto mining
18.10.2021
Crypto mining's environmental impact continues to raise concerns with regulators and businesses alike
New York grants Bakkt coveted BitLicense
11.3.2021
Bakkt will also have a money transmitter license in the state of New York
New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
How Hackers Exploited Twitter’s VPN Problems, Obtained God Mode and Took Over Accounts
25.10.2020
An investigation by the New York State Department of Financial Services has revealed how the great Twitter hack in July happened. A total of 130 high-profile, celebrity accounts were compromised and many were used to tweet about a bitcoin giveaway scam. How Twitter Was Hacked The New York State...
Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin
21.10.2020
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report...
BitGo seeks to become a qualified crypto custodian in New York state
27.8.2020
Digital asset financial services firm BitGo has formally applied for a New York Trust Charter from the NYDFS
BitGo Applies to Be Regulated Custodian in New York State
25.8.2020
The crypto custody provider has filed paperwork with New York's financial regulator to offer its services in the state
New York Regulator Fast-Tracks 10 Cryptocurrencies
8.8.2020
The New York State Department of Financial Services has created a Greenlist of pre-approved cryptocurrencies for custody service and listing. Meanwhile, crypto-friendly SEC Commissioner Hester Peirce, also known as Crypto Mom, has been confirmed for another term at the commission....
The Queens Politician Who Wants to Give New Yorkers Their Own Crypto
19.6.2020
Assemblyperson Ron Kim has proposed a decentralized contact tracing protocol and a blockchain-based public banking system for New Yorkers
Blockchain Bills Are Advancing in the New York State Senate – Here’s Why
14.2.2020
Now in its second year, the New York State Senate's Internet and Tech Committee has approved two blockchain bills, which now go to the full Senate for a vote
Coinbase Adds Support for 2 More Cryptocurrencies in New York State
11.2.2020
The exchange has now added the privacy-enhancing cryptocurrency zcash and its own USDC stablecoin in New York state