The Monetary Authority of Singapore (MAS) is looking at how to regulate stablecoins, a release from the agency said. The bank says it’s considering the merits of a regulatory system centered on the risks and general merits of the coins, which are cryptocurrencies pegged to...
Letitia James, the New York state attorney general, has issued an investor alert saying any New Yorker “deceived or affected” by the cryptocurrency crash to contact her office, a press release said Monday (Aug. 1). There have been numerous high-profile crypto companies which have frozen...
The New York State Senate is upping the efforts from the Department of Financial Services to help oversee cryptocurrency, Coindesk said. The Senate passed its fiscal year 2023 budget early on Saturday (April 9), which included a provision tasking NYDFS with developing a new charge...
New York’s Department of Financial Services seized Municipal Credit Union, New York’s oldest credit union, on Friday (May 17), saying it is facing “unsafe and unsound” conditions. The move comes after its ex-Chief Executive Officer Kam Wong pleaded guilty to embezzling funds, reported Reuters. According...
July 14, 2016
Proposed rules would alter the way New York-based employees are paid – as in they get to pick. Compliance. Headache. American Payroll Association execs tell us how the road to regulatory and payroll Hades is paved with good intentions. Maybe.
January 29, 2023
New York is considering a bill that would let consumers pay state agencies with cryptocurrency. The legislation, now in committee before the state assembly, proposes that crypto be used as “a means of payment of fines, civil penalties, rent, rates, taxes, fees, charges” owed to state agencies, according to the bill, introduced last week by […]
August 02, 2022
The Monetary Authority of Singapore (MAS) is looking at how to regulate stablecoins, a release from the agency said. The bank says it’s considering the merits of a regulatory system...
August 01, 2022
Letitia James, the New York state attorney general, has issued an investor alert saying any New Yorker “deceived or affected” by the cryptocurrency crash to contact her office, a press...
April 11, 2022
The New York State Senate is upping the efforts from the Department of Financial Services to help oversee cryptocurrency, Coindesk said. The Senate passed its fiscal year 2023 budget early...