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 relate to investor and consumer protection.”
Latest New York Attorney General News
New York digital assets bill targets blockchain’s Wild West attitudes
The draft bill seeks to amend New York's general business law, financial services law, and tax law with new specifications and definitions for digital assets.
NYAG calls Ethereum a security and destroys decentralization myth
The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while ETH was expressly labeled a security in the charges.
New York’s KuCoin lawsuit calls ETH a ‘speculative’ security
New York’s Attorney General is accusing the KuCoin digital asset exchange of violating state laws on selling unregistered securities, specifically singling out ETH as one of those securities.
Binance denies reports that other B-tokens are insufficiently backed
Voyager Digital announced that most of its creditors had voted in favor of its restructuring plan that will see Binance.US acquire around $1 billion in frozen assets.
New York AG sues CoinEx exchange over its failure to register
NY Attorney General Letitia James alleges that CoinEx offered commodities and securities without registering, with the exchange pledging to cooperate with the regulator.
SEC joins chorus of opposition to Binance.US $1 billion Voyager deal
In a flurry of court filings, New York and federal finance regulators lodged multiple objections to the proposed billion-dollar deal, on the grounds that it could prove discriminatory and unlawful.
Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius
Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring that their digital assets would be "as safe as money in a bank."
New York Attorney General seeks to ban retirement funds from investing in digital assets
NYAG Letitia James also requests the scrapping of two Acts currently on the table, namely: the Retirement Savings Modernization Act and the Financial Freedom Act of 2022.
New York Attorney General seeks digital currency whistleblowers ‘deceived’ by VASPs
AG Letitia James called on any New Yorker deceived by a digital asset firm through withdrawal freezes, layoffs or bankruptcy filings to contact her office.
New York AG targets Nexo and Celsius in digital currency lending purge
New York’s attorney general has joined Kentucky, New Jersey and Alabama authorities in launching an attack on digital currency lending platforms, with sights set on Celsius and Nexo.
Coinseed ordered to shut down and pay $3M in relief in win for NYAG
A New York court has ordered digital currency firm Coinseed to shut down, marking a win for the New York Attorney General’s Office.