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BitLicense

New York BitLicense ups customer service requirements for digital asset firms
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3 June, 2024

New York BitLicense ups customer service requirements for digital asset firms

The new mandatory DFS requirements are to be implemented as a response to some digital asset firms' not taking the...
Genesis to forfeit BitLicense, pay $8M fine in NYDFS settlement
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16 January, 2024

Genesis to forfeit BitLicense, pay $8M fine in NYDFS settlement

With the forfeiture of BitLicense, which it held since 2018, over violation of cybersecurity regulations, Genesis Global Trading will no...
BitLicense oversight criticized in New York comptroller’s report
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11 January, 2024

BitLicense oversight criticized in New York comptroller’s report

The 57-page report poked holes in the state Department of Financial Services’ management of BitLicense, including the lack of thoroughness...
New York’s new token listing rules limit VCs dumping on retail
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17 November, 2023

New York’s new token listing rules limit VCs dumping on retail

On November 15, New York DFS issued the final version of its "Guidance Regarding Listing of Virtual Currencies" for entities...
‘Regulation by enforcement’: New report unpacks US approach to digital asset regulation
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24 August, 2023

‘Regulation by enforcement’: New report unpacks US approach to digital asset regulation

A recent report on the “Trends in Regulation of Digital Assets” covers global trends in regulation, with a particular focus...
The New York state of mind is ‘more digital asset oversight’
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26 May, 2023

The New York state of mind is ‘more digital asset oversight’

The hearing by New York regulators examined the “transparency and security of the cryptocurrency industry and potential improvements as they...
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