Stablecoin issuer Paxos has laid off 65 people, amounting to about 20% of its workforce. These cuts come at a time when the company is...
New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January....
New York State’s financial watchdog has updated its rules for listing/delisting virtual currency. The New York State Department of Financial Services (NYDFS) on Wednesday (Nov. 15)...
New York’s financial regulator wants to regulate the companies that help set prescription drug costs. The New York Department of Financial Services (NYDFS) announced Wednesday...
New York’s financial regulator is expanding its program to provide banking access to underserved customers. The New York Department of Financial Services (NYDFS) announced Thursday...
Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. The Federal Reserve, Federal Deposit Insurance Corporation (FDIC)...
New York’s financial watchdog is continuing its crypto crackdown with new fraud detection tools. The state’s Department of Financial Services (NYDFS) announced Tuesday (Feb. 21)...
The U.S. Securities and Exchange Commission (SEC) is doubling down on its regulation-by-enforcement approach. It is also getting a little local help from the New...
New York’s financial watchdog wants small businesses to have enough information when they seek financing. To that end, the New York Department of Financial Services (NYDFS) has...