NYDFS

NYDFS

BitLicense Recipients

A list of all New York Department of Financial Service BitLicense and limited purpose trust charter recipients.

Policy & regulation  ·  24 June 2020
NYDFS

Fund Manager Got NY BitLicense 11 Months After Hiring Its Architect

Benjamin Lawsky, the former regulator who created New York’s BitLicense in 2015, joined a bitcoin fund manager nearly a year before it applied for, and received, the license.

News  ·  13 May 2020
NYDFS

New York Regulator Hires Former IRS Silk Road Investigator as General Counsel

The New York Department of Financial Services has appointed former IRS Criminal Investigations head Richard Weber as its new general counsel.

News  ·  28 April 2020
Regulation

Bittrex Exec Joins Mortgage Giant Fannie Mae After Crypto Exchange’s Brush With NYDFS

Reversing the pattern of government veterans jumping to crypto startups, Bittrex US’ former chief compliance and ethics officer has moved to mortgage finance giant Fannie Mae.

People  ·  21 April 2020
Regulation

New York Regulator Tells Crypto Firms to Develop Coronavirus Contingency Plans

NYDFS is asking all crypto firms operating in New York to prepare detailed plans in case day-to-day operations are disrupted by the coronavirus outbreak.

Policy & regulation  ·  13 March 2020
Regulation

New York Governor Proposes Giving Financial Watchdog More Teeth

Andrew Cuomo wants to give the Department of Financial Services more powers in regulating certain licensed entities, including crypto startups.

Policy & regulation  ·  9 January 2020
NYDFS

Fidelity Exec Predicts Crypto Custodians Will White-Label Their Services

Fidelity Digital Assets envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, an exec said.

Business  ·  19 December 2019
Exchanges

New York Watchdog Extends Window for Bittrex Users to Withdraw Funds

The crypto exchange will again extend its deadline for New York customers to withdraw funds from their accounts following the regulator's approval.

Policy & regulation  ·  25 October 2019
NYDFS

New York’s Financial Regulator Is Reviewing the Controversial BitLicense

The New York Department of Financial Services (NYDFS) is revisiting how it licenses crypto startups.

Markets  ·  22 October 2019
Regulation

New York’s Financial Watchdog Is Hiring Another Crypto Superintendent

The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.

Policy & regulation  ·  4 October 2019
Exchanges

Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week

Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading.

Markets  ·  12 September 2019
Exchanges

Binance Launches Dollar-Backed Crypto Stablecoin With NYDFS Blessing

Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos.

Markets  ·  5 September 2019
Regulation

New NYDFS Division to Oversee Licensing for Cryptocurrency Startups

The Research and Innovation Division will include an in-house team that supervises cryptocurrencies.

Markets  ·  23 July 2019
NYDFS

New York Grants Bitlicense to Institutional Crypto Exchange Seed CX

NYDFS has granted two BitLicenses to subsidiaries of Seed CX, allowing the company to offer crypto services to financial firms.

Markets  ·  15 July 2019
NYDFS

Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage

Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.

Markets  ·  29 April 2019