New York’s chief financial regulator has approved a Bitcoin-based ATM company to receive a controversial Bitlicense, granting them the ability to offer their services in the state. Coinsource Granted Bitlicense…
Continue ReadingThe moratorium which was placed on bitcoin mining firms in Plattsburgh, New York earlier in the year will remain. This emerged after officials of the Plattsburgh City Council adopted regulations…
Continue ReadingA documentary film that profiles distributed ledger technology and counts an Ethereum co-founder as one of its executive producers had its theatrical release on October 26 in New York. Written and…
Continue ReadingTop Chinese Company ChainDD Expands Global Footprint with US Launch at the CHAINSIGHTS Summit in New York October 22, 2018, the formal announcement of ChainDD US was made at the…
Continue ReadingIDEX, a self-described decentralized cryptocurrency exchange (DEX) that allows traders to trustlessly exchange Ethereum tokens, has announced that it will no longer provide trading services to customers with IP addresses…
Continue ReadingIn spite of Jeremy Allaire’s cries for the G20 to manage the crypto industry with global action, the startups backing this nascent industry have continued to rapidly gain regulatory traction…
Continue ReadingCoinbase Gets Approval to Offer Crypto Custody Services in the State of New York New York state regulators have approved Coinbase Custody Trust Company LLC to roll out their cryptocurrency custody services…
Continue ReadingCoinbase has made yet another pioneering move in the regulatory morass that is cryptocurrency. The company today announced that its institutional wing, Coinbase Custody Trust Company, has received approval from…
Continue ReadingCoinbase has received approval from New York regulators to form a qualified custodial firm for cryptocurrencies. This article is originally written and posted on https://www.coindesk.com/coinbase-approved-to-offer-crypto-custody-services-in-new-york/. Visit https://www.coindesk.com/ today for all Crypto…
Continue ReadingAt current market prices, about 2,500 bitcoins are all you need to secure a prestigious address at 40 Riverside Drive in Manhattan. According to Bloomberg, the president of New York…
Continue ReadingPlattsburgh, New York, is considering stricter requirement for commercial cryptocurrency mining farms operating in the city. This article is originally written and posted on https://www.coindesk.com/us-city-mulls-roll-out-of-tougher-rules-for-crypto-miners/. Visit https://www.coindesk.com/ today for all Crypto…
Continue ReadingWinklevoss-founded crypto exchange Gemini is adding litecoin trading in the coming week, with permission from the NYDFS. This article is originally written and posted on https://www.coindesk.com/gemini-adds-litecoin-trading-with-new-york-watchdog-approval/. Visit https://www.coindesk.com/ today for all…
Continue ReadingAs the tokenization trend reaches new heights, a New York real estate agent and a property developer are using the blockchain to tokenize a multi-million-dollar Manhattan property in order to…
Continue ReadingCrypto Startup LedgerX Eyes Ethereum Options, Awaiting CFTC Approval In spite of the ever-tumultuous market, crypto investment services providers have continued to eye the expansion of their product lineup in a bid…
Continue ReadingIn spite of the ever-tumultuous market, crypto investment services providers have continued to eye the expansion of their product lineup in a bid to entice prospective investors to allocate capital to this…
Continue ReadingHarry Zhou, former general counsel and compliance officer for Huobi US, spoke with CCN about the latest report from New York’s attorney general on cryptocurrency exchanges. Zhou helped set up…
Continue ReadingA recent statement from an NYU professor brought yet another troublesome aspect of US crypto regulation to the attention of the public. This time, it is a rivalry between different…
Continue ReadingKraken Joins Coinbase in Rebuking ‘Malicious’ Implications in New York Attorney General’s Exchange Report Another major U.S. cryptocurrency exchange criticized a report from New York’s Attorney General Wednesday, September 19, after it chose not to respond to a…
Continue ReadingCryptocurrency exchange Kraken is not backing down from its standoff with the New York attorney general’s office (OAG). Crypto Exchange Asks Whether OAG Employees Manipulated Bitcoin Futures In a series…
Continue ReadingCryptocurrency exchange operator Coinbase has denied that it engages in proprietary trading and that these activities account for a large percentage of the firm’s overall trading volume. CCN reported yesterday…
Continue ReadingCoinbase and other exchanges have hit back at claims of vulnerability to market manipulation in a report from the New York Attorney General’s Office. This article is originally written and…
Continue ReadingCoinbase and other exchanges have hit back at claims of vulnerability to market manipulation in a report from the New York Attorney General’s Office. This article is originally written and…
Continue ReadingA new report drafted by the New York attorney general’s office (OAG) alleges that a significant number of cryptocurrency exchanges may be vulnerable to market manipulation, a finding that could…
Continue ReadingJesse Powell, CEO of cryptocurrency exchange Kraken, has lobbed another bomb at the state of New York in regard to the latter’s stance toward the crypto industry and Kraken in…
Continue ReadingWhen trading on a cryptocurrency exchange, investors have little-to-no information about the person trading against them, that is, the person on the other side of their buy and sell orders.…
Continue ReadingIn a recent statement, New York Attorney General claimed that crypto exchanges are unsafe for business, as they are at risk of market manipulation. The report came as an attempt…
Continue ReadingNew York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services (NYDFS) for potential violation of New York’s virtual currency regulations. The…
Continue ReadingCrypto industry unicorn Coinbase has aggressive growth plans for its newly opened New York office, which caters to institutional clients. This article is originally written and posted on https://www.coindesk.com/coinbase-crypto-jobs-hiring/. Visit https://www.coindesk.com/…
Continue ReadingThe Gemini cryptocurrency exchange, founded by the Winklevoss twins, announced on Monday that the company has launched a stablecoin built on the ERC-20 standard. Named “Gemini Dollar” (GUSD) the coin’s…
Continue ReadingDecentralized cryptocurrency trading platform AirSwap has announced a new partnership designed to aid in the tokenization of one of the Western Hemisphere’s most expensive real estate markets. That partnership, inked…
Continue ReadingWinklevoss Brothers Launch Fiat-Backed Stablecoin After New York Regulator’s Green Light Tyler and Cameron Winklevoss, creators of cryptocurrency trading platform Gemini, have received permission from New York regulators to launch their own stablecoin, according to…
Continue ReadingCrypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today. This article is originally written and posted on https://www.coindesk.com/gemini-launches-nydfs-regulated-crypto-pegged-to-the-dollar/. Visit https://www.coindesk.com/…
Continue ReadingBlockchain startup Paxos is launching a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors. This article is originally written and posted on https://www.coindesk.com/paxos-unveils-dollar-backed-stablecoin-approved-by-new-york-regulator/. Visit https://www.coindesk.com/ today for all…
Continue ReadingHydroelectric Dam in New York Repurposed as Crypto Mining Farm A hydroelectric dam in eastern New York State is being converted into a dedicated crypto mining farm, taking advantage of…
Continue ReadingNew York District Judge Rules That CFTC Can Permanently Ban Crypto Firm The U.S. Commodities Futures Trading Commission (CFTC) has won a court order to permanently bar the operator of the New…
Continue ReadingNew York State to See Bitcoin Mining Operation Powered by Hydroelectric Dam in Q4 2018 A California-based Bitcoin mining company has completed work on a repurposed hydroelectric dam to service its new mining…
Continue ReadingThe New York State Department of Financial Services (DFS) has stated its opposition to the U.S. Department of Treasury’s endorsement of regulatory “sandboxes” for fintech companies that essentially allow fintechs…
Continue ReadingThe chief of New York’s financial regulatory body said Tuesday that the agency is “fiercely opposed” to regulatory “sandboxes” for fintech fims This article is originally written and posted on…
Continue ReadingNew TV show ‘Coincast’ to open Blockchain to global audience A new weekly business TV show is set to showcase Blockchain companies, crypto assets and ICOs to a global…
Continue ReadingDespite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact it can have on the rates for other local electricity…
Continue ReadingA municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. This article is originally written…
Continue ReadingTwo Nevada men have settled with the SEC over alleged illicit trading of a claimed blockchain company’s stock. This article is originally written and posted on https://www.coindesk.com/sec-settles-trader-lawsuit-tied-to-blockchain-firm-stock-sales/. Visit https://www.coindesk.com/ today for…
Continue ReadingBitlicense Should be Smashed, Candidate for New York Governor Urges Since the infamous Bitlicense was put into effect, the ecosystem has fought for its removal. It turns out to be…
Continue ReadingCryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. In an announcement…
Continue ReadingFormer BTC-only Exchange ItBit Gets NY Regulatory Approval to Add Four New Crypto Assets Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add…
Continue ReadingOn June 4, Rostin Behnam commissioner of the U.S. Commodity Futures Trading Commission (CFTC) took an interesting stance on cryptocurrency and related technologies during a talk at the BFI United…
Continue ReadingUpstate New York may soon be home to the world’s largest bitcoin mining center if the ambitious plans being undertaken by cryptocurrency mining firm Coinmint fall into place. Coinmint, through its…
Continue ReadingEx-hedge fund manager Michael Novogratz has reneged on his promise to build the ‘Goldman Sachs of crypto’, instead referencing the notorious bank Drexel Burnham Lambert. This investment bank was behind…
Continue ReadingLawmaker Wants New York State to Pilot Local Cryptocurrencies New York Assemblyman Ron Kim wants cryptocurrencies to help support local communities. Bill A11018, if passed, would amend the New York urban…
Continue ReadingA bill introduced by New York Assemblyman Ron Kim would launch pilot programs testing cryptocurrencies as a community monetary system. This article is originally written and posted on https://www.coindesk.com/lawmaker-wants-new-york-state-to-pilot-local-cryptocurrencies/. Visit https://www.coindesk.com/…
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