New York

NYDFS Says Crypto Activities by Financial Institutions Need Their Approval First

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. Get the Full Story Complete the form to unlock this...

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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.  Get the Full Story Complete the form to unlock this article and...

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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...

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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...

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NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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FTX Liquidators in Bahamas Move Case From New York to Delaware
FTX Liquidators in Bahamas Move Case From New York to Delaware
November 22, 2022  |  Cryptocurrency

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where...

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NY Fed Official Says US CBDC Could Speed X-Border Transactions
NY Fed Official Says US CBDC Could Speed X-Border Transactions
November 04, 2022  |  CBDC

Faster cross-border transactions could be one of the most significant benefits of a United States central bank digital currency (CBDC), a New York Fed official...

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NY’s Fin Services Regulator Issues Revised Data Collection Proposal
NY’s Fin Services Regulator Issues Revised Data Collection Proposal
October 26, 2022  |  Legal & Regulation

New York State Superintendent of Financial Services Adrienne A. Harris has issued a revised proposed regulation that would allow the state’s Department of Financial Services...

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