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NYDFS
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The scope of the crypto-related investigation is not yet clear.
Gemini Customers Given Confusing Information About Whether Earn Accounts Were FDIC Insured: Report
Cryptocurrency exchange Gemini reportedly implied to customers that their assets in its interesting-bearing Earn product were safe because they were backed by the Federal Deposit Insurance Corp (FDIC), Axios reported on Monday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in.
Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report
Gemini reportedly repeatedly implied that the assets of customers using its Earn product were safe thanks to being backed by the Federal Deposit Insurance Corp.
In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds
The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.
New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says
New guidance from the state Department of Financial Services sets a 90-day advance notice period
NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs
Only crypto companies with a BitLicense would be affected.
New York Regulators Have Planted a Seed for Stablecoin Transparency
New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.
New York’s Crypto Regulator Publishes Formal Stablecoin Guidance
NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions.
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.
New York Senate Authorizes NYDFS to 'Assess' Crypto Companies
The state regulator oversees the state's landmark virtual currency license, commonly referred to as the BitLicense.
