New York State Department of Financial Services

In US First, NY Requires Stablecoins to Be Backed by Cash
In US First, NY Requires Stablecoins to Be Backed by Cash
June 08, 2022  |  Cryptocurrency

New York was the first state to put a regulatory framework in place for cryptocurrencies with its Bitlicense, and now it is doing the same...

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First American Title Accused Of Exposing Millions Of Customers’ Personal Data
First American Title Accused Of Exposing Millions Of Customers’ Personal Data
July 22, 2020  |  Security & Fraud

First American Title, one of the largest providers of title insurance in the U.S., is facing allegations that it exposed the personal data of millions...

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Bitcoin Daily: NY Taps Crypto Fraud Expert As General Counsel; Matrixport Collaborates With Simplex On Card Payments
Bitcoin Daily: NY Taps Crypto Fraud Expert As General Counsel; Matrixport Collaborates With Simplex On...
April 28, 2020  |  Bitcoin

Richard Weber has been named to the position of general counsel at the New York State Department of Financial Services (DFS), according to an announcement...

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NY Lawsuit Against FinTech Banking Licenses Can Proceed
NY Lawsuit Against FinTech Banking Licenses Can Proceed
May 03, 2019  |  Bank Regulation

Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering banking services on...

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US Regulators Set Sights On Swedbank As Offices Are Raided
US Regulators Set Sights On Swedbank As Offices Are Raided
March 27, 2019  |  Security & Fraud

Swedbank is the subject of an inquiry by U.S. regulators in the wake of money laundering scandals, reported the Financial Times. In what is seen...

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New York Regulator Fines Pakistani Bank $630M
New York Regulator Fines Pakistani Bank $630M
August 29, 2017  |  Legal

The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state...

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