City New York Financial News

14.02 / 05:25

CFTC regulation SEC Department Of Justice FTX CFTC and SEC cases against SBF deferred until after criminal trial

A New York judge has granted a request from prosecutors to defer civil proceedings from the Commodities Futures Trading Commision (CFTC) and the Securities Exchange Commision (SEC) until after Sam Bankman-Fried’s criminal trial in October.

14.02 / 01:15

UPS Binance Reuters Waters CEO CoinMarketCap regulatory Binance and Paxos Caught up in Crypto Regulatory Crackdown

Paxos, the largest issuer of regulated stablecoins, has announced it will end its relationship with Binance, and cease issuance of new Binance USD (BUSD) stablecoin tokens starting February 21, after regulatory scrutiny from the New York Department of Financial Services (NYDFS).

13.02 / 20:13

Digital Platform Southern crypto deposits Customers Judge Rules Celsius Networks Owns Customers' Crypto Deposits

A federal bankruptcy judge ruled that Celsius Network owns most of the cryptocurrency that customers deposit on its online platform, meaning that Celsius customers will be the last to receive repayment from the crypto lender.

13.02 / 19:22

Binance CEO coinbase Coindesk Fine Coinbase to Pay $50 Million Fine to New York Regulators

Coinbase Global Inc., a U.S. cryptocurrency exchange, settled with New York state regulators for $100 million after an investigation into the exchange's compliance with requirements to prevent money laundering.

13.02 / 19:16

Blockchain UPS Ethereum Bitcoin Bitcoin Bull is Back With a 25% Jump

Well, that was quick. Less than two weeks after cryptocurrencies hit a nadir in the wake of the FTX collapse, Bitcoin has rallied 25% amid speculation the cryptocurrency selloff late last year was too much and too fast.

13.02 / 18:27

Twitter SEC CEO Southern Bitcoin Fried Sam the bahamas FTX Founder Sam Bankman-Fried Arrested in the Bahamas

FTX founder Sam Bankman-Fried was arrested on Dec. 12 in the Bahamas, according to several news reports.The U.S. government's request for his arrest, based on a sealed indictment filed by the U.S. District Court of the Southern District of New York, came a day before Bankman-Fried was due to appear before the U.S. House Financial Services Committee to answer questions about the collapse of the major cryptocurrency exchange he formerly ran as CEO.

13.02 / 18:26

Blockchain Ethereum Twitter Binance Action Kraken Bitcoin Paxos ordered to cease minting Binance stablecoin by New York regulator

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13.02 / 14:39

business Stablecoin Binance regulation Paxos Paxos to stop minting BUSD stablecoins for Binance

Blockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the New York regulators.

13.02 / 11:23

regulation Altcoin Paxos Binance USD Breaking: Paxos reportedly ordered to stop issuing Binance USD

The New York Department of Financial Services has reportedly ordered blockchain company Paxos Trust Co. to stop the issuance of dollar-pegged Binance USD (BUSD) stablecoin.

13.02 / 07:43

business Law Department Of Justice Fraud Court Crypto, forex platform CEO pleads guilty in $248M fraud scheme

Eddy Alexandre, CEO of purported crypto trading platform EminiFX has pleaded guilty to commodities fraud in a New York district court, agreeing to pay back millions to investors who lost funds to his "cryptocurrency investment scam.

10.02 / 18:39

Provident Target Binance SEC Kraken Luna New York Regulator Launches Investigation into Stablecoin Issuer Paxos – Binance BUSD in Trouble?

Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.

10.02 / 14:51

UPS Citi Provident Digital Manufacturing Rolex NFTs and Their Role in the Luxury Watch Industry

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

10.02 / 08:55

business Stablecoin Binance regulation Paxos Financial Services Stablecoin issuer Paxos reportedly probed by New York regulators

Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being investigated by the New York Department of Financial Services (NYDFS).

08.02 / 14:01

coinbase insider trading DOJ Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty

A former employee of major cryptocurrency exchange Coinbase has pleaded guilty to insider trading, marking the first crypto-related insider trading case in the US.

08.02 / 13:09

Blockchain Adoption education Universities NYU to launch Web3 learning workshop in partnership with NEAR protocol

Education is a well-known barrier to entry for many when it comes to crypto and Web3 space. This is particularly true when it comes to understanding the underlying technology that powers these new innovations.

31.01 / 18:27

CEO Candriam boss Naïm Abou-Jaoudé named CEO of New York Life IM

US mutual insurer New York Life has named Candriam's Naïm Abou-Jaoudé as chief executive of its global investment management business.

30.01 / 16:51

CEO Candriam boss Naïm Abou-Jaoudé named CEO of New York Life IM

US mutual insurer New York Life has named Candriam's Naïm Abou-Jaoudé as chief executive of its global investment management business.

30.01 / 11:11

Stablecoin regulation Altcoin Tether Circle Usd Coin Reserve Key takeaways from USDC $44.5 reserve report

USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently in circulation.

29.01 / 16:13

Adoption New York State Takes a Step Toward Cryptocurrency Adoption with New Bill

The state of New York has announced a new bill that would allow agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state.

27.01 / 22:45

Ethereum Payments regulation Altcoin Bitcoin Regulation legislation Bitcoin New York Assembly introduces crypto payments bill for fines, taxes

A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state.

27.01 / 01:09

business Stablecoin Bloomberg Financial Services moody’s Moody’s to build scoring system for stablecoins: Report

Credit rating firm Moody's is allegedly developing a scoring system for stablecoins, with analysis for up to 20 digital assets, Bloomberg reported on Jan. 26, citing unnamed sources.

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