New York

Regulation

New York, French Finance Watchdogs Open Doors for Each Other’s Fintech Startups

The New York State Department of Financial Services and its French regulatory counterpart will work to "ease the entry" for fintech innovators into their respective markets.

Policy & regulation  ·  5 June 2020
New York

ErisX Becomes Latest Crypto Firm to Receive New York’s BitLicense

Eris Clearing, the clearing and settlement arm of ErisX, has been awarded the hard-to-come-by Virtual Currency License from New York's Department of Financial Services.

News  ·  6 May 2020
New York

New York Power Plant Sells 30% of Its Bitcoin Mining Hashrate to Institutional Buyers

Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers.

Business  ·  10 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
New York

A New York Power Plant Is Mining $50K Worth of Bitcoin a Day

The power plant believes it will remain profitable even after the halving event in May.

Business  ·  5 March 2020
Exchanges

Coinbase Adds Support for 2 More Cryptocurrencies in New York State

The exchange has now added the privacy-enhancing cryptocurrency zcash and its own USDC stablecoin in New York state.

Markets  ·  11 February 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
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
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

Coinbase Now Supports Stellar and Chainlink Cryptocurrencies in New York

The exchange has announced that New York residents now have access to two cryptos launched for other jurisdictions months ago.

Markets  ·  26 September 2019
New York

Dark Web Drug Dealer to Hand Over Bitcoin Millions After Plea Deal

A dark web drug dealer must forfeit $4 million in funds including bitcoin after pleading guilty in New York.

Policy & regulation  ·  29 July 2019
New York

NY Senate Confirms Acting Superintendent of NYDFS

Under Lacewell's leadership the regulator granted New York's 19th BitLicense.

Markets  ·  21 June 2019
New York

Robinhood Opens Trading for 7 Cryptocurrencies in New York

Five months after receiving a BitLicense, Robinhood is now offering ethereum and bitcoin trading in New York State.

Markets  ·  23 May 2019
Exchanges

Coinbase Opens Up XRP Trading for New York Residents

New York-based users of Coinbase can now trade or store XRP on Coinbase.com or the crypto exchange's iOS and Android mobile apps.

Markets  ·  14 May 2019
Regulation

Banking, Bitfinex and the Hidden Irony of Crypto’s Newest Controversy

When I visited some early bitcoin startups in Hong Kong five years ago, they were unanimous about their biggest challenge: finding a bank that would let them open an account.

Policy & regulation  ·  6 May 2019