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NYDFS
BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements
The crypto exchange has proposed a plan to make it compliant with the state's cybersecurity regulations by the end of the year.
NY Financial Regulator Adopts Virtual Currency Assessment Rule
The regulation affects only companies with a state-issued BitLicense.
Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was Closed
The bank did not provide reliable and consistent data, said Maria Vullo, a former superintendent of the New York State Department of Financial Services.
Closure of Crypto-Friendly Banks Is 'Not a Policy Issue': Former NYDFS Superintendent
Former congressman Barney Frank, who is also one of Signature Bank's board members, thinks Signature's shutdown could be politically motivated against the crypto industry. Former New York State Department of Financial Services Superintendent Maria Vullo reacts to that statement, saying, "I don't think you close down a bank because of a policy issue, you do because ... its financial picture is unsafe and unsound."
Former NYDFS Superintendent Reacts to Signature Bank Shutdown
Reuters reports that the Federal Deposit Insurance Corporation (FDIC) wants bids submitted by today for banks interested in buying the assets of Signature Bank. Former New York State Department of Financial Services (NYDFS) Superintendent Maria Vullo discusses Signature's shutdown and the potential implications for the U.S. crypto regulatory landscape.
NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership
Signature Bank was not shut down for crypto-related reasons, the New York Department of Financial Services said Tuesday, rejecting claims the regulator took over the bank to send an "anti-crypto message." Meanwhile, Bloomberg reports that the U.S. Department of Justice in Washington, D.C., and New York were investigating possible lax monitoring at Signature Bank to prevent money laundering. "The Hash" panel discusses the latest developments at Signature and explain why this is a continuing story to watch.
Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
The New York regulator pushed back against claims it shut down Signature because of crypto.
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
Federal and New York regulators object to a billion-dollar deal they say may be unlawful and discriminatory as they examine Voyager's VGX token.
Trading Platform eToro Gains New York BitLicense to Provide Crypto Services
It also secured a money transmitter license from the New York State Department of Financial Services.
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.
