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On Monday, the New York Department of Financial Services announced an update to its virtual currency oversight regime, including new criteria for how digital firms licensed by the agency can list ...
A new SEC cryptocurrency task force announced on Donald Trump's second day in office helped stoke some new investor enthusiasm for digital assets as the crypto world waited for other executive ...
New York Gov. Kathy Hochul (D) on Tuesday signed a law temporarily restricting cryptocurrency mining in the state over environmental concerns, making it the first state nationwide to implement ...
[21] Although the defendant did not pass the Liberty Dollars currency as a counterfeit, the currency were in close enough "resemblance of coins of the United States or of foreign countries" and consequently fell under the authority of 18 U.S.C.A. § 486.123 The Court has not decided if § 486 includes the power to prohibit VCs, but if a Court ...
A BitLicense is the common term used for a business license for virtual currency activities, issued by the New York State Department of Financial Services (NYSDFS) under regulations designed for companies. [1] [2] [3] The regulations are limited to activities
In July 2014, the New York State Department of Financial Services proposed the most comprehensive regulation of virtual currencies to date commonly referred to as a BitLicense. Unlike the US federal regulators it has gathered input from bitcoin supporters and the financial industry through public hearings and a comment period until October 21 ...
NEW YORK (Reuters) -New York Attorney General Letitia James has recovered $50 million from the cryptocurrency platform Gemini Trust to repay investors defrauded in its Gemini Earn program, she ...
The SEC is going on the offensive in crypto, but investors are skeptical as new products come to market in a sector that prides itself on decentralization. ... 800-290-4726 more ways to reach us.