Mayor Eric Adams wants to make New York City the biggest crypto hub in America, but there are a host of obstacles in his way.
The New York Department of Financial Services said Xapo surrendered its virtual currency license on Jan. 11.
Cassie Lentchner, the crypto custodian’s new COO, joins as BitGo merges with Galaxy Digital.
The bitcoin-focused subsidiary of Intercontinental Exchange was awarded both virtual currency and money transmitter licenses.
One of the (quietly) largest players in the institutional bitcoin space discusses the changing investor landscape in his first-ever podcast interview.
Anthony Albanese will become chief regulatory officer for the tech ventures giant in November.
PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”
NYDIG raised the $50 million from FinTech Collective, Bessemer Ventures and Ribbit Capital.
NYDFS Superintendent Linda Lacewell said she decided to review the regulator's landmark virtual currency license in light of its impending 5-year anniversary.