Tag: nydfs

Aug 02 2022

Robinhood Crypto Handed $30M Fine by New York Regulator: WSJ

Aug 02 2022 Published at Crypto Briefing under tags  business nydfs robinhood

The New York State Department of Financial Services has reportedly issued Robinhood Crypto with a $30 million fine. Its the first time the financial regulator has fined a crypto-focused company....

Aug 31 2021

Former Obama Adviser Nominated to Lead the New York State Department of Financial Services

Aug 31 2021 Published at Coingape under tags  bitlicense news new york nydfs regulation news

The entire regulatory terrain at the New York State Department of Financial Services (NYDFS) is about to change, and perhaps the impact on the cryptocurrency ecosystem as the regulator is on track to get a new head. As reported by the Wall Street Journal (WSJ), New York Gov. Kathy Hochul has nominated Adrienne Harris, a The post Former Obama Adviser Nominated to Lead...

Dec 29 2020

Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York

Dec 29 2020 Published at CoinDesk under tags  gmo nydfs policy & regulation stablecoins

The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.

Dec 08 2020

Linda Lacewell: A Friendlier Regulator

NYDFS Superintendent Linda Lacewell is a regulator prepared to work with the grain of crypto rather than against it.

Oct 21 2020

PayPal Introduces Crypto Trading, Plans To Start Crypto Shopping Facility

The long wait has finally ended! On Wednesday, October 21, online payments giant PayPal Holdings has confirmed its entry in the crypto market as per the Reuters report. PayPal said that it will allow its customers to trade...

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