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Tag: New York Regulators

Solana’s Four Major Milestone and Their Potential Effect on $SOL’s Ability to Reach $300

Guy Turner, a prominent crypto analyst and the co-host of the Coin Bureau, delves into the potential and developments of Solana (SOL) in a...

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Fiat-backed Stablecoins Could be Used to Post Bail in New York Under Proposed Bill – BitcoinWorld

A new bill that would allow dollar-pegged stablecoins to be used as legal forms of payment for bail bonds has been...

The Truth of PayPal’s $1 Billion Crypto Holdings Filing to the SEC

PayPal has significantly increased its ‘safeguarding’ of crypto since the end of last year. The company mainly holds Bitcoin and ETH. PayPal admits it...

TUSD Lending Rates Spike After Stablecoin Briefly Rallies To $1.20

Opportunistic DeFi traders pushed lending rates for TrueUSD, the centralized stablecoin favored by Binance following a regulatory crackdown on its own BUSD token, well...

Fed, NYDFS assess their supervisory performance after March’s big bank failures

Bank regulators in the United States have turned from introspection to confession after the high-profile bank failures in March. The New York Department of...

New York Regulator Strengthens Anti-Fraud Unit to Curb Crypto-Related Crime

Advertisement &nbsp &nbsp The New York State Department of Financial Services (DFS) has stepped up efforts to detect fraud and other illegal activities among...

Tether Used Signature Bank’s Signet to Access US Financial System: Report

Tether directed its crypto clients to use Signature Bank’s payments platform as a pathway to exchange U.S. dollars for USDT. ...

Signature’s crypto clients told to close their accounts by April 5: Report

Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts...

SBF legal fees, BTC market cap flips Meta and USDC climbs back to $1: Hodler’s Digest, March 12-18

Top Stories This Week Sam Bankman-Fried petitions court to prioritize reimbursing his legal fees Sam Bankman-Fried (SBF) is seeking to use FTX’s corporate insurance...

Silvergate, Silicon Valley Bank, Signature and the “unbanking” of U.S. crypto

Over the course of a single week we witnessed, in fast succession, the collapse of three of probably the most crypto-friendly banks within the...

US lawmaker says President Biden administration is weaponizing market chaos to kill crypto

U.S. lawmaker Tom Emmer said President Biden’s administration was weaponizing market chaos to kill crypto.The pro-crypto lawmaker added that he sent Federal Deposit Insurance...

SEC, DOJ Investigating Insider Stock Sales at Silicon Valley Bank: WSJ

The U.S. Justice Department and the U.S. Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, according to a report today...

Crypto Firms Report Funds Tied Up with Shuttered Signature Bank

On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down Signature Bank, a crypto-friendly bank that had reportedly...

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