New York

NY State Attorney General Proposes Legislation to Regulate Crypto Industry
NY State Attorney General Proposes Legislation to Regulate Crypto Industry
May 05, 2023  |  Regulation

New York State Attorney General Letitia James has proposed legislation to regulate the cryptocurrency industry. The Crypto Regulation, Protection, Transparency and Oversight (CRPTO) Act would...

READ MORE >
NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
April 19, 2023  |  Cryptocurrency

According to New York’s financial regulator, the best system for regulating stablecoins already exists. Testifying before the House Financial Services Committee Wednesday (April 19), New...

READ MORE >
CoinEx Taking ‘Active Steps’ to Address NY AG Crypto Lawsuit
CoinEx Taking ‘Active Steps’ to Address NY AG Crypto Lawsuit
February 23, 2023  |  Cryptocurrency

CoinEx says it is taking measures to address claims it’s operating illegally in New York. The crypto exchange made that announcement Thursday (Feb. 23), one day...

READ MORE >
NY Attorney General Questions Reliability, Safeguards Around Facial Recognition
NY Attorney General Questions Reliability, Safeguards Around Facial Recognition
January 25, 2023  |  Identity

Facial recognition technology and its uses are in the spotlight in New York. New York Attorney General Letitia James is asking Madison Square Garden (MSG)...

READ MORE >
NYDFS Slaps Cap on Check Cashing Fees
NYDFS Slaps Cap on Check Cashing Fees
January 19, 2023  |  Regulation

Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations...

READ MORE >
NYDFS Says Crypto Activities by Financial Institutions Need Their Approval First
NYDFS Says Crypto Activities by Financial Institutions Need Their Approval First
December 15, 2022  |  Cryptocurrency

A New York regulator has reiterated that financial institutions need prior approval for cryptocurrency activities. The New York Department of Financial Services (DFS) released guidance...

READ MORE >
NYDFS Proposes Charging Virtual Currency Businesses Admin Costs
NYDFS Proposes Charging Virtual Currency Businesses Admin Costs
December 01, 2022  |  Cryptocurrency

A New York regulator has proposed charging licensed cryptocurrency businesses for its costs.  The New York State Department of Financial Services (DFS) said in a...

READ MORE >
NY Governor Signs Law Pausing Some Crypto Mining for 2 Years
NY Governor Signs Law Pausing Some Crypto Mining for 2 Years
November 23, 2022  |  Cryptocurrency

In a law that is said to be the first of its kind in the United States, New York has imposed a two-year moratorium on...

READ MORE >
Livestreamed Commerce Hits the Streets With Debut of Digital Window Shopping
Livestreamed Commerce Hits the Streets With Debut of Digital Window Shopping
November 23, 2022  |  Retail

Shoppers in New York City accustomed to browsing the decorated storefronts of Manhattan’s busy shopping district are about to get a glimpse of the future...

READ MORE >