New York


Policy

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)

Policy

President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses

The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

Crypto-Friendly Signature Bank Shut Down by State Regulators

Signature said it intended to limit its crypto exposure last year.

(SignatureNY.com, modified by CoinDesk)

Policy

Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense

New bills to set up a digital assets regulation in Illinois are supported by the local regulator, as states continue to surge ahead of U.S. agencies on cryptocurrency efforts.

(Neal Kharawala/Unsplash)

Policy

NY Attorney General Sues Crypto Exchange CoinEx, Alleges AMP, LBC, LUNA and RLY Tokens Are Securities

The petition alleged that CoinEx listed various tokens and services that qualify as securities and/or commodities under state law.

New York Attorney General Letitia James (Michael M. Santiago/Getty Images)

Finance

Solana-Themed Storefronts Close Shop, Ending Experiment in IRL Blockchain Evangelism

Solana Spaces will close its New York City and Miami locations by the end of February.

Solana Spaces (Solana)

Policy

Tether's Attempt to Block CoinDesk's Request for Stablecoin Reserve Records Dismissed by New York Court

CoinDesk filed a Freedom of Information Law request for documents about Tether's reserves in 2021.

Tether. (Nikhilesh De/CoinDesk)

Policy

EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme

Alexandre was arrested in May and charged with fraud for his role in the alleged pyramid scheme.

Law Justice Court Legal (Shutterstock)

Finance

Bitcoin Miner Digihost Completes Controversial Power Plant Acquisition, Doubling Energy Capacity

Environmental groups oppose the transaction on the grounds that it impedes New York's greenhouse gas emissions goals.

The Digihost power plant in North Tonawanda, New York. (Eliza Gkritsi/CoinDesk)

Web3

Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic Consequences

The trial between NFT artist Mason Rothschild and French luxury house Hermès came to a close on Monday after a year-long trademark battle over an NFT project inspired by the brand's famous handbag.

MetaBirkins project home page (metabirkins.com)