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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...
Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
29.12.2020
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities
New York authorizes first Yen stablecoin operator in the US
29.12.2020
Japanese firm GMO will now be able to offer Yen and dollar-pegged stablecoins to the public in New York
Paxos seeks approval to become fully-regulated crypto bank
10.12.2020
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels
Linda Lacewell: A Friendlier Regulator
8.12.2020
NYDFS Superintendent Linda Lacewell is a regulator prepared to work with the grain of crypto rather than against it
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
29.10.2020
The New York Department of Financial Services’s letter said that it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks
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...
Law Decoded: Government sandboxes, test beds and crypto compromises
23.10.2020
These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but is certainly some kind of progress
What It Means if Companies Like Twitter Are ‘Systemically Important’ to Financial Regulators
23.10.2020
NYDFS proposals following the Twitter hack are a warning to everyone using centrally-controlled "designated" platforms
Regulation will keep PayPal's new crypto services from looking anything like crypto
21.10.2020
For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities
PayPal Granted New York’s First ‘Conditional BitLicense’ to Offer Crypto Services
21.10.2020
The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos
New York’s Financial Regulator Targets Crypto Firms for Digital Reporting Initiative
15.10.2020
The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies
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....
Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval
7.8.2020
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin
NYDFS Chief Calls Industry Reaction to BitLicense Changes ‘Beyond Positive
15.7.2020
NYDFS Superintendent Linda Lacewell said she decided to review the regulator's landmark virtual currency license in light of its impending 5-year anniversary
New York Regulator Adds 3-Strike Rule for BitLicense Applicants
26.6.2020
The regulator hopes the new three-strike rule will encourage BitLicense applicants to ensure they've taken its feedback on board
BitLicense at 5: For Startups Regulated Overseas, New York Isn’t So Tough
24.6.2020
While some exchanges left New York in the wake of its implementing the BitLicense, others say the regulatory regime have helped build market share and revenue
BitLicense at 5: Despite Architect Lawsky’s Hopes, Few States Copied NY Rules
24.6.2020
Few states have developed their own cryptocurrency regulations – and none that did build a regulatory regime have followed the New York model
BitLicense at 5: A Timeline of New York’s Landmark Cryptocurrency Regulation
24.6.2020
The BitLicense was first proposed in 2013, but wasn't implemented until mid-2015. CoinDesk outlines the major events in its history