Search Results for "new york crypto license"
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).
Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.
An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.
US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling
The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.
New York Times Square Billboard Demands Release of Silk Road Darknet Drug Trafficker
A billboard in Times Square has been hired by the ‘Free Ross’ movement as part of a campaign to release the Ross Ulbricht, founder of the Silk Road drug trafficking marketplace on the darknet.
FINRA Ends Regulatory Unclarity By Awarding Harbor with Crypto Broker-Dealer License
The Financial Industry Regulatory Authority (FINRA) awarded Harbor Square Investments a broker-dealer license. Harbor Square Investments is a subsidiary of tokenized securities platform-Harbor.
Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency
On Tuesday, the News York Times reported about frustrated crypto investors demanding their money back. But things are thick than expected. The situation reflects similar cases in which many cryptocurrency investors frequently fall into trap each year. The article, therefore, highlights important things that crypto investors should think about before investing in cryptocurrency.
Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO
Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.
New York Files Lawsuit Against Coinseed Crypto Platform for Allegedly Defrauding Thousands of Investors
New York State Attorney General, Letitia James, has filed a class-action lawsuit against Coinseed crypto platform and the company’s executives for defrauding investors more than $1 million to enrich themselves between 2017 and 2018.
NYSE Launches Shares of Pro Crypto Silvergate Bank for Trading
American Commercial bank Silvergate Capital, a bank focused on digital currencies, is now officially established on the New York Stock Exchange (NYSE), with an opening of $12.75. Parallel to the event was the celebration of its initial public offering (IPO), as per NYSE.
Bitcoin's Diluted Market Cap Tops $1 Trillion For First Time As BTC Price Hits New High
As Bitcoin recently attained a new ATH above $48,000, the premier digital currency has also recorded a $1 trillion diluted market cap#https://blockchain.news/news/democrat-andrew-yang-wants-new-york-city-to-be-a-hub-for-bitcoin-and-crypto;
New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses
The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
