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NYDFS
NYDFS Plans to Collect Diversity Data From Banking and Crypto Institutions
All authorized virtual currency service providers will be required to submit diversity data of their boards and management to the NYDFS.

BitGo Hires Former NY BitLicense Deputy as Chief Operating Officer
Cassie Lentchner, the crypto custodian’s new COO, joins as BitGo merges with Galaxy Digital.

State of Crypto: NYDFS Hackathon Is 'Testament' to Crypto's Growth
NYDFS held a two-week event with crypto industry participants to evaluate ways of upgrading its data collection tools and practices.

Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.

New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
The New York Department of Financial Services expects all firms, including virtual currency businesses, to start assessing climate change-associated financial risks.

What It Means if Companies Like Twitter Are 'Systemically Important' to Financial Regulators
NYDFS proposals following the Twitter hack are a warning to everyone using centrally controlled "designated" platforms.

PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”

New York's Financial Regulator Puts Focus on Crypto Firms for Digital Reporting Initiative
The New York Department of Financial Services intends to digitize financial reporting in a tech initiative that will initially focus on cryptocurrency companies.

BitGo Applies to Be Regulated Custodian in New York State
The crypto custody provider has filed paperwork with New York's financial regulator to offer its services in the state.

Binance Says Licensed Entities Can Now Use Its Stablecoin After Watchdog Approval
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.
