US-based personal finance company Social Finance (SoFi) obtained the approval from the New York State Department of Financial Services (NYDFS) for its BitLicense application. New Yorkers Can Trade Cryptos via…
Continue ReadingCalifornia-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3. SoFi is now…
Continue ReadingFormer United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo was hired as senior counsel at the New York-based law firm Willkie Farr & Gallagher. Digitize the dollar and…
Continue ReadingFidelity Investments’ crypto-asset division, focused primarily on the market leader Bitcoin, has just been granted a key license by the New York State Department of Financial Services, allowing them to…
Continue ReadingFidelity Digital Asset Services, LLC (FDAS) has procured a charter from the New York State Department of Financial Services (NYDFS) to operate a virtual currency custody and execution platform. Per…
Continue ReadingThere may be a new way of by-passing the tough New York laws to carry out crypto-related transactions in the world’s capital without acquiring a BitLicense, a crypto license developed…
Continue ReadingReal estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real…
Continue ReadingNew York-based financial technology firm Tassat — formerly known as trueDigital — has succeeded in overcoming the first hurdle in its bid to launch a fully-regulated crypto derivatives exchange. According…
Continue ReadingThe CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally,…
Continue ReadingTexas is likely to be the major beneficiary if JPMorgan Chase partially relocates from its New York headquarters. JPMorgan is preparing for a possible recession. High taxes and expensive real…
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