Business 1 week ago

New York approves blockchain-based ‘real-time’ digital payment service

The New York Department of Financial Services (NYDFS) has granted virtual currency approval to commercial banking transactions, authorizing a new system from Signature Bank which will allow corporate customers to make bank payments in a ...

Business 4 weeks ago

NYDIG Execution picks up New York’s BitLicense

The New York State Department of Financial Services (DFS) has approved New York Digital Investment Group (NYDIG) Execution LLC, a subsidiary of NYDIG LLC, for a virtual currency license and a money transmission license. The ...

Business 1 month ago

Crypto ATM firm Coinsource secures New York’s BitLicense

The world’s largest crypto ATM company Coinsource has become the latest firm to secure a coveted virtual currency license in New York, after winning the approval of regulators at the New York Department of Financial ...

Business 2 months ago

NY court orders crypto scammer to pay $3 million

The U.S. District Court for the Southern District of New York has ordered the perpetrator of a BTC Ponzi scheme to pay about $3 million in penalties and restitution. In a press release, the U.S. ...

Business 3 months ago

Crypto exchanges draw New York AG’s ire over ‘voluntary’ survey rebuff

After declining a “voluntary” survey conducted by the Office of the New York State Attorney General (AG), several major cryptocurrency exchanges are under fire for possibly operating illegally in New York. According to the AG’s ...

Business 5 months ago

BitLicense-armed BitPay ready to serve New York

Cryptocurrency payment processor BitPay is setting foot on New York soil, with a boost from its newly secured BitLicense. On Monday, the Atlanta-based payment service provider announced that it has received its Virtual Currency License ...

Tech 5 months ago

New power rates approved for crypto miners in New York

Cryptocurrency miners in New York have a reason to smile after state authorities approved a new electricity rate scheme for the burgeoning industry. According to a Bloomberg report on July 12, New York authorities approved ...

Business 6 months ago

Jack Dorsey’s payments firm Square picks up New York BitLicense

BitLicense, also known as the business license for virtual currency activities in New York, is gradually losing its “elusive” moniker. On Monday, the New York State Department of Financial Services (NYDFS) announced that it has ...

Business 7 months ago

Luxury crypto concierge The White Company starts accepting Bitcoin Cash

The White Company, a luxury cryptocurrency concierge service, has announced they are now accepting Bitcoin Cash (BCH), becoming the latest company to appreciate the unique benefits of BCH. The New York based company, which is ...

Business 7 months ago

Genesis Global secures elusive New York BitLicense

The future appears bright for one of the largest cryptocurrency brokerage trading firms, Genesis Global Trading, after it becomes the latest firm to receive a BitLicense from the New York Department of Financial Services (DFS). ...

Business 7 months ago

NY regulator authorizes Bitcoin Cash, Litecoin, Zcash inclusion on Gemini

The authorization hopes to keep New York up-to-date and competitive in the global marketplace. Yesterday, the New York State Department of Financial Services (NYSDFS) superintendent Maria T. Vullo has given cryptocurrency exchange Gemini the green ...

Business 7 months ago

Will Schneiderman’s resignation be good for crypto exchanges? It’s possible

Last month, New York Attorney General (AG) Eric Schneiderman announced that he is starting an inquiry directed at cryptocurrency exchanges, demanding that they turn over information about their operations. In the highly controversial move, several ...