new york department of financial services

SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 
SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 
February 13, 2023  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) is doubling down on its regulation-by-enforcement approach. It is also getting a little local help from the New...

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New York Regulator Requires New Disclosures for Small Businesses Financing
New York Regulator Requires New Disclosures for Small Businesses Financing
February 01, 2023  |  Regulation

New York’s financial watchdog wants small businesses to have enough information when they seek financing. To that end, the New York Department of Financial Services (NYDFS) has...

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Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
Coinbase $100M Fine Highlights Crypto Industry’s Gaps and US Regulatory Strengths
January 05, 2023  |  Cryptocurrency

 Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point. The pressure is on for the business-as-usual attitude to button...

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Coinbase Pays $100M to NYDFS for Compliance ‘Failures’
Coinbase Pays $100M to NYDFS for Compliance ‘Failures’
January 04, 2023  |  Cryptocurrency

Coinbase has agreed to a $100 million settlement with New York State following an investigation into its compliance program. The New York Department of Financial...

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NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
July 14, 2022  |  Bank Regulation

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has made it a priority for the bureau to fight against “junk fees,” overdraft fees,...

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Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto Bank Sues Fed
Crypto Regulation Weekly: Behnam Crows as Bill Favors CFTC; Japan, NY Enact Stablecoin Regulations; Crypto...
June 08, 2022  |  Cryptocurrency

No one will be shocked to hear that Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam was unstinting in his praise of a Senate bill...

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In Adrienne Harris, NYDFS is Getting a Firm but Friendly Crypto Regulator
In Adrienne Harris, NYDFS is Getting a Firm but Friendly Crypto Regulator
January 26, 2022  |  Cryptocurrency

With a pair of new leaders overseeing its regulation of cryptocurrency, the New York Department of Financial Services is ready for its third act as...

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Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns Of Fake Crypto Scams
Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns...
August 09, 2020  |  Bitcoin

South Korean highways could see blockchain-based toll booths before the end of the year, according to a report from Crypto News. KEB Hana Bank, one...

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Equifax Gets Slapped With Subpeona From New York Regulator
Equifax Gets Slapped With Subpeona From New York Regulator
September 28, 2017  |  Legal

Equifax is facing yet another legal woe from its massive data breach. This time, New York State’s financial services regulator has issued a subpoena to...

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