New York Department of Financial Services

Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal
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13 August, 2025

Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal

Circle saw its revenue jump 53% to $658 million but still reported a $482M loss from IPO costs, while ALT5...
Trump rolls out crypto welcome mat, threatens crypto foes
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8 August, 2025

Trump rolls out crypto welcome mat, threatens crypto foes

Trump’s new EO boosts crypto in retirement plans and bars banks from rejecting crypto clients; meanwhile, the SEC eases rules...
Ripple launches stablecoin; Tether invests in EU lifeboats
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18 December, 2024

Ripple launches stablecoin; Tether invests in EU lifeboats

Ripple says choosing NYDFS for its newly minted RLUSD will help increase the token's acceptance. Elsewhere, Tether continues to look...
PayPal Digital secures NYDFS trust charter
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4 June, 2024

PayPal Digital secures NYDFS trust charter

As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
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...
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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