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Nalezeno "nydfs": 147

Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence

3.1.2024
Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos to cease the issuance of BUSD. Beyond these...

Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon

22.12.2023
The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available starting Jan. 17, 2024. Paxos Set to Launch Stablecoin...

New York Offers New Virtual Currency Guidance

22.12.2023
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business model considerations for virtual currency entities...

NYDFS Not Afraid to Take Legal Actions Against Defaulting Crypto Companies: Superintendent Harris

5.12.2023
Source: YouTube/Financial Technology Association The momentum of cryptocurrency regulation in the United States continues to intensify, with the New York Department of Financial Services (NYDFS) asserting its readiness to call out defaulting businesses. Speaking at a Financial Times (FT) event...

Regulators Not Afraid Take Action Against Crypto Rule Breakers, NYDFS Chief Says

5.12.2023
The regulator has brought enforcement actions against Coinbase and Robinhood

Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations

21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...

NYDFS Releases New Guidelines on Listing and Delisting Crypto on Trading Platforms

16.11.2023
Source: NYDFS The New York State Department of Financial Services (NYDFS), the authority that supervises and regulates activities of financial institutions in the State of New York, has released a guidance that regulate the listing and delisting of cryptocurrencies. The updated guidance, named...

New York finance regulator tightens crypto listing guidance

16.11.2023
Crypto firms’ policies on coin listing and delisting must align with a list of standards set by the NYDFS

NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings

16.11.2023
The New York State Department of Financial Services (NYDFS) has said it strengthened its guidelines for listing or de-listing cryptocurrencies in a move to beef up protections for crypto investors throughout the state, NYDFS Superintendent Adrienne A. Harris said Wednesday in a statement

XRP Attorney Addresses New York's Delisting of Ripple and Dogecoin, Denies Political Intentions

19.9.2023
On Monday, the New York Department of Financial Services (NYDFS) introduced updated standards for its virtual currency oversight while removing Ripple (XRP) from "its approved list of cryptocurrencies." According to the updated standards, NYDFS reviewed its existing list of approved...

Dogecoin Price Prediction as NYDFS Removes DOGE From Greenlist – What's Going On?

19.9.2023
The Dogecoin price has risen by 1% in the past 24 hours, with its move to $0.062918 coming after the New York Department of Financial Services removed the meme token from a greenlist of approved virtual currencies. DOGE is currently 3% up in the past week, but also down by 2% in a month and...

Can Regulators Ever Keep Up With Crypto Markets?

18.9.2023

NYDFS Proposes New Guidelines on Listing and Delisting Crypto on Trading Platforms

18.9.2023
The New York Department of Financial Services (NYDSF) seeks to introduce new guidelines on the listing and delisting of digital assets by venture capital entities. On Sept 18, the financial watchdog published new proposals to guide digital asset exchanges on multiple issues including listing...

NYDFS calls for public feedback on proposed crypto regulatory guidance

18.9.2023
The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist

DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization

17.6.2023
Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately $4.394 billion, but the number of circulating...

Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months

31.5.2023
Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have been redeemed thus far. Within the span of...

Today in Crypto: Authorities Seize Domains of 9 Crypto Exchanges, US 30% Mining Tax Proposal Enters Budget, UK to Ban Cold Calls Selling Crypto, YouTuber Served on Twitter

3.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Authorities Seize Domains of 9 Crypto Exchanges, US 30% Mining Tax Proposal Enters Budget, UK to Ban Cold...