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Sofi BitLicense Receives NYDFS Approval
new york state department of financial services

Sofi BitLicense Receives NYDFS Approval

The New York Department of Financial Services (NYDFS) has approved the SoFi BitLicense, a subsidiary of Social Finance, thereby agreeing and allowing its residents to get involved in digital currency trading.

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies
new york state department of financial services

Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies

With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology

NYDFS Reviews BitLicense Guidelines to Favor Crypto Agencies
new york state department of financial services

NYDFS Reviews BitLicense Guidelines to Favor Crypto Agencies

With the New York Department of Financial Services guidelines, blockchain agencies will find easy entry into the cities blockchain ecosystem

Signature Bank Launches New Digital Payments Technology Platform—Signet
new york state department of financial services

Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
new york state department of financial services

New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill
new york state department of financial services

Will Crypto Assets Have a Future in Russia After All? State Duma Passes DFA Bill

The State Duma of Russia passed a law regarding digital financial assets (DFA) in the financial bill’s third reading, which determined the fate of Bitcoin and other cryptocurrencies.

What Will Be The State of Bitcoin Going Forward?
new york state department of financial services

What Will Be The State of Bitcoin Going Forward?

Dmytro Volkov, CTO of the international cryptocurrency exchange CEX.IO, has over 15 years ’work experience in IT, including over 10 years in financial markets. He has optimized the technology and processes at the CEX.IO exchange, as well as the trading and analytics systems and integrations with external systems. Equally, he has created the CEX.IO Broker platform to trade derivatives, an author of trainings on financial and tech topics as well as a speaker at industry-wide conferences.

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
new york state department of financial services

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services
new york state department of financial services

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda
new york state department of financial services

US Government Seize Bitcoin Terrorism Funding for Islamic State and Al-Qaeda

The US Justice Department has revealed that it has seized cryptocurrency worth millions of dollars intended to fund the activities of terror groups like the military arm of Hamas, the Islamic State, and Al-Qaeda. This breakthrough is the largest clampdown on online terrorist fundraising,

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token
new york state department of financial services

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). New York-based exchange and stablecoin operator, Paxos launched a gold-backed Ethereum-based token named Pax Gold (PAXG).

New York Times Experiments with Blockchain to Combat Fake News
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New York Times Experiments with Blockchain to Combat Fake News

The New York Times made an announcement regarding their new project by their research and development team focused on experiments using blockchain.

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