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Tag: New York Department of Financial Services

Paxos to Issue USD Stablecoin in Singapore

Stablecoin issuer Paxos has received in-principle approval from Singapore’s central bank to offer digital payment token services in the city-state. ...

Paxos to issue USD stablecoin in Singapore, wins initial approval

Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin.In...

Well, California Has Decided To Regulate Crypto | JD Supra – CryptoInfoNet

On October 13, California Governor Gavin Newsom (D) signed Assembly Bill 39 (Digital Financial Assets Law). This new law broadly empowers the California Department...

Will the fall of SBF, “King of Crypto” propel the bull?

Hello there, and welcome to another crypto news roundup from Coinigy.So, we’ll keep this super short.We’ve all seen the news of SBF’s case and...

Billion-Dollar Bank Pays $29,500,000 Fine Over ‘Massive Fraud’, Allowing Criminals to Access $300,000,000 – The Daily Hodl

The Federal Reserve and New York Department of Financial Services are hitting a US bank with a multi-million dollar fine for violating the Bank...

Binance Announces Major Changes To BUSD Services Amid Regulatory Concerns – Cryptopolitan – CryptoInfoNet

TLDRBinance is phasing out BUSD lending services by October 25 due to regulatory pressures, with a complete halt of all BUSD-related offerings planned by...

Blow As Regulator NYDFS Removes XRP, Dogecoin From Its Approved Greenlist

Advertisement &nbsp &nbsp The New York Department of Financial Services (DFS) has tightened its noose on crypto assets, removing over a dozen well-known...

Congress Is Stuck On Crypto Regulation. States Aren’t. – CryptoInfoNet

Federal lawmakers aren’t likely to pass comprehensive crypto legislation any time soon, but that doesn’t mean the regulatory landscape isn’t changing in ways the...

XRP Removed From Important List: Pro-Ripple Lawyer Comments

While XRP’s price is performing relatively well throughout the past week, adding over 6% to its dollar value, the cryptocurrency has been removed...

75% Of All Binance Fiat Trading Volume Is In Turkish Lira

75% of all fiat volume in Binance, the largest cryptocurrency exchange by client count, is dominated by the Turkish Lira (TRY). At this rate,...

Binance Plans to Phase Out Support for BUSD by 2024, Introducing New Stablecoin

In a recent blog post, Binance, the largest cryptocurrency exchange in the world, announced its plans to drop support for the Binance USD (BUSD)...

Standard Custody and GSR Form Alliance for Secure Digital Asset Settlement

Standard Custody & Trust Company, LLC has partnered with GSR Markets Limited, aiming at enhancing the security and efficiency of digital asset transactions. Standard Custody,...

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