NYDFS

NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership
NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership
Signature Bank was not shut down for crypto-related reasons, the New York Department of Financial Services said Tuesday, rejecting claims the regulator took over the bank to s...
NYDFS Says Signature Bank Closure Due to 'Crisis of Confidence' in Leadership

NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)
Signature Bank Shutdown Caused by 'Crisis of Confidence' in Leadership, NYDFS Says
The New York regulator pushed back against claims it shut down Signature because of crypto.
NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
Federal and New York regulators object to a billion-dollar deal they say may be unlawful and discriminatory as they examine Voyager's VGX token.
SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

New York (Florian Wehde/Unsplash)
Trading Platform eToro Gains New York BitLicense to Provide Crypto Services
It also secured a money transmitter license from the New York State Department of Financial Services.
New York (Florian Wehde/Unsplash)

(Rene Bruun/EyeEm/Getty Images)
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.
(Rene Bruun/EyeEm/Getty Images)

Jesse Austin Campbell (LinkedIn)
Former Paxos Exec: Regulators Failed to Address Crypto Collapses, Now They’re Going After 'On-Ramps'
Jesse Austin Campbell, former head of portfolio management, says that “probably, the greatest mistake you could have made is to be an onshore, regulated company in the crypto...
Jesse Austin Campbell (LinkedIn)

Paxos to Stop Minting Stablecoin BUSD: What Happens Next?
Paxos to Stop Minting Stablecoin BUSD: What Happens Next?
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just af...
Paxos to Stop Minting Stablecoin BUSD: What Happens Next?

(Image credit: ZU_09/Getty Images, modified by CoinDesk)
The Latest Front in the Crypto Wars Is Binance-Paxos and BUSD
Paxos announced it will cease issuing BUSD after action by the NYDFS.
(Image credit: ZU_09/Getty Images, modified by CoinDesk)

Paxos CEO Charles Cascarilla (CoinDesk)
Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security, Says It Will Litigate if Needed
The stablecoin issuer confirmed it has received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming.
Paxos CEO Charles Cascarilla (CoinDesk)

Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment
Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just af...
Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment