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New York Department of Financial Services
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
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
With the forfeiture of BitLicense, which it held since 2018, over violation of cybersecurity regulations, Genesis Global Trading will no...
PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight
PYUSD is being pitched as good for sending person-to-person payments, transferring to external wallets or funding purchases and users can...
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...
NYDFS to charge digital asset firms for supervision
First proposed in December, the new regulation was adopted this week and allows the New York Department of Financial Services...
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