NYDFS
- Government
New York Financial Regulator Appoints Kenneth Coghill to Lead Virtual Currency Unit
New York’s financial regulator has appointed Kenneth Coghill, a former official from Dubai’s financial regulator, to help oversee its virtual…
Read More » - Companies
Genesis Settles with NYDFS: Forfeits BitLicense and Pays $8M Fine
Genesis Global Trading, a subsidiary of Digital Currency Group (DCG), a prominent cryptocurrency conglomerate, has come to an agreement with…
Read More » - Global News
Judge Merges Multiple Lawsuits Accusing Silvergate Bank of Collusion with FTX Exchange
On April 19th, United States District Judge Jacqueline Scott Corley decided to consolidate three investor lawsuits against the now-defunct crypto…
Read More » - Policies & Regulations
Binance Faces Large Withdrawals and Token Burns Following Regulatory Woes of Paxos
In the past 24 hours, investors seem to be concerned about regulatory measures against Paxos and its stablecoin Binance USD…
Read More » - Global News
Paxos, BUSD and USDP Issuer, Under Investigation by New York Financial Authorities
The New York Department of Financial Services (NYDFS) is initiating an inquiry into Paxos, the issuer of BUSD and USDP…
Read More » -
Binance & Paxos to launch BUSD stablecoin
The regulated financial institution that digitizes and mobilizes assets, Paxos Trust Company, and global cryptocurrency exchange Binance, today announced its partnership to…
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