NYDFS

The New York State Department of Financial Services (NYDFS) has finally released a revision to the original BitLicense proposed cryptocurrency regulations.

Bakkt Is to Keep Pushing Bitcoin Even Further
August 20th, 2019

Crypto sector has been waiting for the launch of Bitcoin futures trading platform Bakkt for a long time now. This should happen finally at September 23. Within 48 hours after the big reveal, Bitcoin surged by 10 percent.

Binance is Yet Again Available on iOS
August 16th, 2019

After months of waiting, the Binance App has been re-launched on the iOS platform. Moreover, the company has good news for traders from the US.

New York DFS Establishes New Division to Oversee Cryptocurrency Regulation and Licensing
July 24th, 2019

The New York State Department of Financial Services has just announced the creation of a new section called the Research and Innovation Division. Its main goal will be to regulate crypto-related businesses in the state.

New York Gives Bitlicense to Crypto Derivatives Provider Seed CX
July 15th, 2019

NYDFS Superintendent Linda Lacewell said that Seed Digital Commodities Market LLC (SCXM) and Zero Hash LLC, who operate under Seed CX, had received BitLicenses.

Gemini Set to Trade Crypto Securities, Applies for Broker License from FINRA
July 3rd, 2019

Gemini, the Winklevoss brother owned cryptocurrency company, has recently applied for a FINRA broker-dealer license. This is a healthy step towards allowing their customers to lawfully swap digital securities.

Bitcoin Exchange Bitstamp Receives NY’s BitLicense After 3-Year Wait
April 10th, 2019

To receive BitLicense, Bitstamp has undergone a robust examination into the company’s Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance as well as the anti-fraud, capitalization and cybersecurity policies. 

Robinhood and LibertyX Become the Latest Companies to Win New York’s BitLicense
January 25th, 2019

With Robinhood and LibertyX, NYSDFS has approved sixteen licenses for companies in the virtual currency marketplace.

Coinbase Custody Wins NYDFS License, Now Offers Services for Top Six Cryptos Including XRP
October 24th, 2018

According to the official announcement, Coinbase will offer custody service for XRP which has raised doubts whether the exchange is planning for a possible listing of the coin.

‘Stablecoins Coming’: NYDFS Approves USD-Pegged Cryptocurrency Tokens by Gemini and Paxos
September 11th, 2018

The Gemini Dollar and Paxos Standard stablecoin will be pegged to the U.S. Dollar in 1:1 ration. The tokens are built on Ethereum network using the ERC 20 standards.

NYDFS Issues Second BitLicense to Ripple Labs
June 13th, 2016

BitLicense was granted after a thorough study of Ripple’s standards by New York Financial Watchdog.