New York
First a Hum and Then a Bang: Niagara Falls Residents Forced to Reckon With Crypto Mining
The city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.
Former BitMEX CEO Arthur Hayes Faces 6 to 12 Months in Jail at Sentencing Hearing Friday
Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faces a sentence of up to 12 months in prison.
NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto
NYDFS Superintendent Adrienne Harris says the regulatory agency will triple the size of its virtual currency unit by the end of the year.
NY Bitcoin Miners Start to Give Up on State Amid Regulatory Uncertainty
New York was once a draw for miners, but environmental concerns are weighing on the industry.
N.Y. Man Arrested, Charged With Fraud for Alleged Role in $59M Crypto Pyramid Scheme
The FBI says Eddy Alexandre promised investors he could double their money with a “robo-adviser” – and then spent their money on luxury cars and business expenses.
FTX US Reveals New York Trust Charter Application
A trust charter from the New York State Department of Financial Services enables digital asset companies to offer crypto trading and custody services in the Empire State.
Environmental Groups Call on US Government to Implement Stringent Bitcoin Mining Regulations
Local and national activists are banding together to limit what they consider are the industry's adverse effects on the environment.
Can You Really Build a ‘Crypto Empire’ in the Empire State?
Mayor Eric Adams wants to make New York City the biggest crypto hub in America, but there are a host of obstacles in his way.
Why a New York Bill Barring New Crypto Mines Would Be Bad for Business
The state senate should reject the legislation, which recently passed the assembly and would place a moratorium on approvals for permits for digital mining operations that use nonrenewable energy sources.
