2019-1-25 21:31 |
The approvals from the New York State Department of Financial Services will allow the crypto trading app developer and bitcoin ATM operator to expand into the Empire State.
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New York State Attorney General (NYAG), Letitia James, is urging the state’s legislature to pass a standard-setting law regulating the cryptocurrency sector
2023-5-5 21:56 | |
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Legislators in New York introduced a bill in the local senate on January 26 that could allow state agencies to recognize cryptocurrency as a legal payment. The post New York introduces bill to legalize crypto payments for state purposes appeared first on CryptoSlate.
2023-1-28 04:27 | |
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New York State Assembly Bill A523, introduced by Democratic Assembly Member Clyde Vanel, looks to clarify that agencies of the state can legally accept cryptocurrency as payment.
2023-1-28 00:49 | |
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The bill will now be carried with support to the State Senate for passing before a final sign-off into law by Governor Hochul.
2022-4-27 07:29 | |
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American financial services giant State Street Corporation has launched a new business unit dedicated to the rapidly evolving financial sector. The firm unveiled this news through a press release on June 10, noting that the new division is dubbed State Street Digital.
2021-6-12 17:51 | |
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Cryptocurrency exchanges are the backbone of this nascent industry. Over the years, these companies have had to adhere to very strict regulatory measures The following three platforms are at risk of operating illegally in New York State, although no final verdict has been rendered as of yet.
2018-9-21 19:00 | |
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New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility
2018-7-13 06:31 | |
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The state of New York has endorsed a new electricity structure for crypto miners who are interested in conducting operations there, allowing them to negotiate contracts
2018-7-13 03:55 | |
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Cryptocurrency Mining–Despite the overwhelmingly negative image of crypto mining related electricity costs, from the impact they have on the environment to the rising rates of neighborhood power bills, the state of New York has approved a bid to increase the population of miners through cheaper electricity.
2018-7-13 03:29 | |
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A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York. However, given the abundance of low-cost electricity
2018-7-13 03:13 | |
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A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners.
2018-7-13 00:05 | |
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TCD Corporation (formerly Holding BR) is an IT company engaged in the development of modern solutions for the economic and public spheres of activity. Since October 2017, TCD Corporation has been designing and developing a new cryptographic decentralized platform - "Tkeycoin DAO" for payment systems, banking and financial sector.
2018-7-12 22:56 | |
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As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
2018-7-13 17:16 | |
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Breaking news from the Litecoin Foundation has seen Litecoin take a new direction. At the time of writing, Litecoin is up 0. 87% and is only expected to rise through the day. Of course, this rise is only very minor, but given the current state of the markets, it is encouraging Litecoin to really stand out.
2018-7-11 13:30 | |
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Even though some ‘experts’ feel that Bitcoin and the like have no value, these virtual currencies continue to be used as payment methods. In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware.
2018-7-11 11:00 | |
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China wants to be a frontrunner in blockchain technology with local governments ramping up blockchain projects, and yet, the government still maintains a strict stance on cryptocurrencies, highlights a new report by Abacus, 500 Startups, and the South China Morning Post.
2018-7-12 22:54 | |
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Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API.
2018-7-7 23:19 | |
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Also Read: Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan Florida CFO Advocates Creation of Government Post Overseeing Crypto Jimmy Patronis Jimmy Patronis has issued a statement urging Florida’s lawmakers to create a new governmental post tasked with overseeing the state’s cryptocurrency industry.
2018-7-5 11:56 | |
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The government in Iran has gagged bitcoin exchanges across the country, claim bitcoin users and alternate coin community of the Islamic state. The government has been censoring its citizens from engaging in crypto-economy, to apparently counter the fresh round of economic sanctions that the US government is looking to impose later in August this year.
2018-7-5 21:31 | |
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Famed Japan and US based messaging app, ‘Line’ is alleged to be building a brand new cryptocurrency exchange. At the moment, Line is only available to customers in the United States and Japan, however reports state that their new crypto exchange will not be available for use in these countries.
2018-6-29 23:00 | |
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Chief Financial Officer (CFO) of Florida, Jimmy Patronis, announced the creation of a new position in the state called cryptocurrency chief on Tuesday, June 26. The new designee will help develop a regulatory framework in the state for cryptocurrencies and look into the current insurance and securities laws and their application on digital currencies and Initial […] Florida Could Now Have a Cryptocurrency Chief for Regulatory Oversight was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-6-27 22:58 | |
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Florida is set to have its own cryptocurrency czar. The Sunshine State’s chief financial officer, Jimmy Patronis, said in a statement Tuesday that he has created a new position to supervise the state’s cryptocurrency industry.
2018-6-27 00:41 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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Cash App, Square Inc. ’s app for cash payments, now allows residents in the New York area to buy and sell Bitcoin [BTC]. Bitcoin and Cash App are no strangers, having been introduced to each other in November 2017, but for New York State, this is new.
2018-6-23 22:31 | |
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Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal
2018-6-22 02:29 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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Payment Company Square Inc. announced, on Monday, that it had received a BitLicense to operate in the state of New York. It has now become the ninth firm to receive a cryptocurrency license from the New York State Department of Financial Services (NYDFS).
2018-6-20 20:51 | |
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Humanity’s reliance on centralized financial institutions is coming to an end thanks to the power of decentralized cryptocurrency platforms. A New World Nobody has forgotten the global recession of 2008, which plunged the entire world into a state of panic and has left many industries still in a state of recovery.
2018-6-20 18:00 | |
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Square, a payment processing company owned by Twitter CEO Jack Dorsey, has obtained a New York BitLicense. The firm announced the news on Twitter on June 18, 2018. The license grants approval for the company to offer Bitcoin trading services in New York via its Cash app.
2018-6-19 15:00 | |
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Financial services provider Square has got the NYSDFS 7th-ever BitLicense allowing New Yorkers to trade cryptocurrency on the rapidly growing Cash app. Square, a digital payments company, has been granted BitLicense from the New York Department of Financial Services (NYDF), which means formal approval of Square’s application for a virtual currency license. It was issued on
2018-6-19 14:32 | |
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Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018.
2018-6-19 00:00 | |
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The company Square announced on Monday the firm has been granted the Bitlicense from the New York Department of Financial Services (DFS). The firm and its ‘Cash App’ are now legally allowed to operate and utilize cryptocurrency solutions in the state of New York.
2018-6-19 23:10 | |
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New York’s DFS grants Square its prestigious BitLicense so it can trade Bitcoin in the state.
2018-6-19 22:36 | |
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New York State Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Square, Inc. , for a virtual currency license.
2018-6-19 22:21 | |
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Digital payments firm Square has received a BitLicense from regulators in the state of New York. The company announced Monday that the New York Department of Financial Services granted the license. Square first indicated back in March that it had submitted paperwork to receive a BitLicense, a move later confirmed by a spokesperson. New York had,
2018-6-19 21:21 | |
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eToro is a cryptocurrency platform that seems to be expanding at an alarming rate. eToro news is rife and the company seems to be constantly hitting the headlines for all the right reasons. Next up, recent reports state that eToro are looking to open a physical cryptocurrency trading desk in London, in a move that would surely cement eToro’s reputation in the capital and would give a whole host of new customers, access to the growing eToro platform.
2018-6-18 13:00 | |
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Cryptocurrency wallet and vault Xapo is the latest recipient of New York’s ‘BitLicense’, arguably the strictest state law governing the crypto sector, from the state’s financial regulator. Notably, this is the sixth-ever BitLicense the state has granted, with the last one being obtained by brokerage firm Genesis Global Trading in May 2018. With the obtained
2018-6-18 12:40 | |
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In addition to adding a new CFO, Ripple is proud to announce the appointment our newest board member, Benjamin Lawsky. Lawsky, the former superintendent of financial services for the state of New York, has more than two decades of experience in both federal and state government.
2018-6-17 12:52 | |
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A report from Kommersant, a local Russian outlet reveals that Anatoly Aksakov, the head of Russia’s State Duma Financial Market Committee explained that crucial changes will be made in the Country’s draft laws which is meant to regulate Cryptocurrency in Russia.
2018-6-16 11:45 | |
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A county in the U.S. state of Montana has postponed a decision on whether it should temporarily ban new bitcoin mining projects.
2018-6-15 15:01 | |
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Vancouver-based renewable energy producer Solar Alliance wants to start a Bitcoin mining facility in an abandoned factory it bought in the US state of Illinois.
2018-6-15 12:00 | |
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All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.
2018-6-15 23:31 | |
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Cryptocurrency exchange itBit says it has received approval from the New York State Department of Financial Services (NYDFS) to add four major cryptocurrencies to its trading and custody services. In addition to bitcoin, itBit will now offer custody, escrow and over-the-counter (OTC) trading services for bitcoin cash (BCH), ethereum (ETH), litecoin (LTC) and stellar lumens
2018-6-14 19:02 | |
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Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14.
2018-6-14 17:26 | |
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Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product offerings.
2018-6-14 16:10 | |
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ItBit says it has received approval in New York state to expand its trading and custody services to include four more cryptocurrencies.
2018-6-14 16:00 | |
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Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.
2018-6-14 01:32 | |
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As the EOS MainNet launch continues, after the worlds biggest and most successful ICO that has really delivered EOS to the fore, we are now seeing the network sit within a state of limbo. A state of limbo that is requiring investors to confirm their private key in order to prove asset ownership, in order to allow them to place a vote on who will be allowed to process transactions on the new EOS blockchain.
2018-6-13 13:30 | |
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Despite bitcoin and altcoins fell in price in 2018, Coinmint invests hundred millions of dollars in the reconstruction of the former aluminum plant in the New York State.
2018-6-11 18:52 | |
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Neil Walsh, chief of the cybercrime and anti-money laundering arm of the United Nations' department on drugs and crime, has stated that the "anonymizing and pseudo-anonymizing" aspects of cryptocurrencies have made it extremely difficult to combat terrorist financing, money laundering, and cybercrime.
The US Securities and Exchange Commission (SEC) has settled with crypto exchange Bitqyck and its founders Bruce Bise and Sam Mendez over what the SEC believed was an unregistered token sale that raised $13 million.
Yesterday, August 28, Paige Thompson was indicted after allegedly hacking Capital One and 30 other entities. Along with being charged with wire fraud and computer fraud and abuse, court documents state Thompson used Capital One's cloud servers to mine cryptocurrency.
Federal court has entered case-ending sanctions against Craig Wright in the long-running court battle between Wright and the estate of his deceased developer partner, Dave Kleiman. Judge Bruce E.
The Central Bank of Brazil has adopted the International Monetary Fund's crypto classification guidelines, meaning traded cryptocurrencies within the country will be classified as non-financial products and, as such, will be counted as goods on the central bank’s balance sheet.
Westwood, California, resident Kunal Kalra has pleaded guilty to running an unlicensed bitcoin exchange and ATM. Kalra allegedly took part in $25 million worth of trading without obtaining a money-remitting business license or implementing any anti-money laundering processes.
Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project.