The specialized crypto unit of the New York Department of Financial Services is beefing up its staff with another hire.
Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading.
Binance has announced a dollar-backed stablecoin approved by NYDFS and launched in partnership with Paxos.
The Research and Innovation Division will include an in-house team that supervises cryptocurrencies.
NYDFS has granted two BitLicenses to subsidiaries of Seed CX, allowing the company to offer crypto services to financial firms.
Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.
Crypto exchange Bittrex says New York regulators erred in identifying two of its users as North Korean.
Bittrex is not telling the full story about its BitLicense denial, a New York Department of Financial Services official writes.
The owner of the New York Stock Exchange, ICE, is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt.
NYDFS has rejected Bittrex's application for a BitLicense, citing "inadequate" AML compliance among other reasons.