Tag: NYDFS
Crypto Custody Tech Firm Fireblocks Plans NYDFS-Regulated Trust Company
"Our position is not to poke at any regulator, any political party, or the government," Levine said. "We're just applying the existing rules and exist [...]
Winklevoss Twins’ Gemini Promises to Return $1.1B to Earn Customers in NYDFS Settlement
"In addition to Gemini's failures related to Earn, the Department's investigation revealed that Gemini engaged in unsafe and unsound practices that ul [...]
Genesis Global Trading Pays $8M to Settle New York Lawsuit
Genesis has faced a slew of legal troubles since last year. In January, the Securities Exchange Commission (SEC) charged Genesis with selling billions [...]
Regulators Not Afraid Take Action Against Crypto Rule Breakers, NYDFS Chief Says
The regulator has brought enforcement actions against Coinbase and Robinhood.
www.coindesk.com [...]
NYDFS Rolls Out Stricter Guidelines for Cryptocurrency Listings, De-listings
The new rules also require companies to give advance for token de-listings and to be more transparent with their customers about removing support for [...]
NYDFS calls for public feedback on proposed crypto regulatory guidance
The New York State Department of Financial Services, or NYDFS, has called on the public to provide feedback to a proposal aiming to strengthen regulat [...]
SEC Blasted on Custody Proposal by JPMorgan, NYDFS, Bakkt And a Fellow Agency
And from the crypto sector, investment firm a16z said, “We believe this proposed prohibition to be illegal, infeasible, and dangerous.” The letter sig [...]
New York AG Letitia James Seeks New Crypto Regulatory Powers for AG’s Office and NYDFS: Report
The New York Department of Financial Services would have stronger authority to regulate digital assets, with exchanges having to reimburse customers i [...]
BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements
https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdf
www.coindesk.com [...]
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 Departme [...]
NYDFS adopts regulation to assess supervisory costs for licensed crypto firms
The New York State Department of Financial Services has adopted a regulation that will allow the government agency to assess supervisory costs from li [...]
‘Ludicrous’ idea that Signature Bank’s collapse was connected to crypto, says NYDFS head
Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the crypto-friendly Sig [...]
NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
Signature Bank’s takeover last month was not a part of any so-called “Operation Choke Point 2.0,” according to Adrienne Harris, superintendent of the [...]
Signature Bank Shutdown Caused by ‘Crisis of Confidence’ in Leadership, NYDFS Says
"The decisions made over the weekend were not crypto related," the spokesperson said. "Signature was a traditional commercial bank with a wide range o [...]
Circle blew the whistle on Binance reserves to NYDFS: Report
New York State’s Department of Financial Services, or NYDFS, reportedly received a complaint from stablecoin issuer Circle regarding Binance’s reserve [...]