New York State Department of Financial Services

Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins

Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins
Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins
March 13, 2023  |  Cryptocurrency

There could be greater demand for regulation of stablecoins after USDC briefly lost its dollar peg. Get the Full Story Complete the form to unlock...

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NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
March 08, 2023  |  Legal & Regulation

The New York State Department of Financial Services (DFS) secured $157.4 million in 2022. Get the Full Story Complete the form to unlock this article...

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PayPal Pauses Stablecoin Project Amid Paxos Regulatory Scrutiny
PayPal Pauses Stablecoin Project Amid Paxos Regulatory Scrutiny
February 12, 2023  |  Cryptocurrency

PayPal is reportedly pausing its stablecoin project amid heightened scrutiny around the cryptocurrency industry. Get the Full Story Complete the form to unlock this article...

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Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
February 10, 2023  |  Legal & Regulation

Paxos Trust is reportedly being investigated by the New York State Department of Financial Services (NYDFS). Get the Full Story Complete the form to unlock...

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NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
NY Regulator Warns Firms to Keep Customer Crypto Assets Separated
January 23, 2023  |  Legal & Regulation

New York’s financial watchdog is cautioning firms to segregate customers’ cryptocurrency assets from their own. Get the Full Story Complete the form to unlock this...

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NY Financial Services Superintendent Adrienne Harris Named to FSOC
NY Financial Services Superintendent Adrienne Harris Named to FSOC
December 13, 2022  |  Personnel

A new state banking representative will be serving on the Financial Stability Oversight Council (FSOC).  Get the Full Story Complete the form to unlock this...

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In US First, NY Requires Stablecoins to Be Backed by Cash
In US First, NY Requires Stablecoins to Be Backed by Cash
June 08, 2022  |  Cryptocurrency

New York was the first state to put a regulatory framework in place for cryptocurrencies with its Bitlicense, and now it is doing the same...

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First American Title Accused Of Exposing Millions Of Customers’ Personal Data
First American Title Accused Of Exposing Millions Of Customers’ Personal Data
July 22, 2020  |  Cybersecurity

First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions...

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