NYDFS

NYDFS Sets The Record Straight On Signature Bank Closure And Crypto

Key Points: Signature Bank's closure unrelated to crypto, due to "new-fashioned bank run". Signature Bank and its Signet network relied…

2 years ago

NYDFS: Signature Bank Closed Due To Crisis Of Trust In Management

NFDFS asserts that the US government's closure of Signature Bank has nothing to do with the crypto industry and is…

2 years ago

New York State Reveals Another Improvement To Its Capability To Monitor Virtual Currencies

Key Points: The New York State Department of Financial Services (NYDFS) has made improvements to its capacity to spot fraudulent…

2 years ago

The SEC May Be Using BUSD As An Excuse To Attack Paxos

Paxos, which has been rumored since last week, is officially facing back and forth from regulators. In addition to being…

2 years ago

After Severely Punishing Kraken, Will The SEC Attack BUSD Again?

According to people familiar with the matter, stablecoin issuer Paxos will face a lawsuit by the US Securities and Exchange…

2 years ago

Kraken Paid $30 Million Fine To SEC. The Storm Of Cryptocurrency Surveillance Is Landing?

Recently, the U.S. government has been taking active actions against crypto regulation, and the community is discussing it. Is the…

2 years ago

NYDFS Warns Crypto Companies Not To Mix User And Business Funds

Key Points: Guidelines on how licensed crypto businesses should manage customer funds in the event of "insolvency or similar process"…

2 years ago

Coinbase Pays $100 Million To New York Regulator Fine For AML Regulatory Vulnerability

Key Points: In response to inquiries concerning shortcomings in its compliance program, Coinbase and the New York Department of Financial…

2 years ago

New York Proposes Charging With Licensed Crypto Companies

The New York State Department of Financial Services, or NYDFS, has proposed a rule allowing the government agency to charge…

2 years ago

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