Blockchain 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…

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The 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…

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New York Department of Financial Services superintendent Maria Vullo defended regulators’ actions in the crypto space during a panel discussion. This article is originally written and posted on https://www.coindesk.com/nydfs-chief-defends-state-regulators-crypto-approach/.  Visit https://www.coindesk.com/…

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The license is has come in for intense criticism, in part because so few firms have been granted one. This article is originally written and posted on https://www.coindesk.com/ny-grants-fifth-ever-bitlicense-crypto-exchange-genesis-global-trading/.  Visit https://www.coindesk.com/ today…

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