The U.S. War on Crypto Isn’t Over
The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn’t mean that the industry will now get a free pass.
NYDFS
NYDFS ‘More Eager Than Anyone’ for Federal Legislation, Chief Says
NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.
Crypto Trading Firm Cumberland Acquires New York’s BitLicense
The firm said it’s one of the only principal trading firms to hold the state’s crypto license.
NYDFS Issues New Crypto Firm Guidance for Consumer Complaints
New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday.
Crypto Custody Tech Firm Fireblocks Seeks New York-Regulated Trust Company
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.
Genesis Global Trading Pays $8M to Settle New York Lawsuit
Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement.
Can Regulators Ever Keep Up With Crypto Markets?
The New York Department of Financial Services is concerned about token delistings disrupting markets. (Gilbert Ortega/Unsplash, modified by CoinDesk)
Former NY Regulator: Crypto Isn’t the Reason Why Signature Bank Was Closed
But instead, the firm did not provide reliable and consistent data, creating a significant crisis of confidence in the bank’s leadership, Maria Vullo, previously a superintendent at the government department, told CoinDesk TV’s “First Mover.”