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.
NY Attorney General Letitia James alleges that CoinEx offered commodities and securities without registering, with the exchange pledging to cooperate with the regulator.
To avoid the recurrence of implosions recorded in 2022, New York is keeping close tabs on the digital asset sector and carrying out system upgrades to detect illegal activities in the space.
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.
Paxos CEO Charles Cascarilla said that the decision was not linked to the NYDFS order, clarifying that "The market has evolved, and the Binance relationship no longer aligns with our current strategic priorities."
Preparing for the possibility of a state-backed digital currency policy being implemented soon, the Federal Reserve Bank of San Francisco is now on the hunt for an expert capable of developing novel CBDC systems.
Proud Boys leader Enrique Tarrio was sent a document titled “1776 Returns” a week before the riot by someone with links to the Florida digital currency community, according to a New York Times report.
The FDIC issued a cease and desist letter to CEX.IO demanding that it removes all references to FDIC insurance as the agency doesn’t cover digital assets.
The SEC voted 4-1 to expand a regulation last updated in 2009 that will now require investment advisers to custody digital assets with a qualified custodian.
To counter the proliferating scams in the digital asset sector, the DFPI utilizes a scam tracker that displays the name and website used to lure victims and the type of scam employed.
Working with the FBI and DOJ, Norway successfully recovered $5.9 million worth of digital currencies from the Ronin hack perpetuated by the Lazarus Group.
SEC Chairman Gary Gensler reiterates that the existing federal securities laws apply not only to celebrities like Paul Pierce but also to ordinary people promoting digital assets.
Under the proposed bill, the state of Kansas will only accept digital currency donations for political campaigns if they're below $100 and should be in line with the United States’ KYC guidelines.