New York Department of Financial Services

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...
NYDFS to charge digital asset firms for supervision
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19 April, 2023

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...
Nasdaq to launch digital asset custody service by Q2 2023
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30 March, 2023

Nasdaq to launch digital asset custody service by Q2 2023

The head of Nasdaq Digital Assets revealed the stock exchange wants to fill the gap left by 2022’s bankruptcies, starting...
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