NYDFS

NYDFS

政策

Regulator NYDFS Says Paxos Didn't Administer Binance USD in 'Safe and Sound' Manner: Reuters

The New York regulator said Paxos’ management of the stablecoin left it open to use by bad actors.

Adrienne A. Harris, superintendent of the New York Department of Financial Services (NYDFS)

政策

SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ

Paxos also faces a probe from the New York Department of Financial Services.

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

動画

Stablecoin Issuer Paxos Is Being Investigated by New York Regulator

The New York Department of Financial Services (NYDFS) is investigating stablecoin issuer Paxos, CoinDesk has learned. The full scope of the investigation is unclear. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.

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政策

Stablecoin Issuer Paxos Is Being Investigated by New York Regulator

The scope of the crypto-related investigation is not yet clear.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

動画

Gemini Customers Given Confusing Information About Whether Earn Accounts Were FDIC Insured: Report

Cryptocurrency exchange Gemini reportedly implied to customers that their assets in its interesting-bearing Earn product were safe because they were backed by the Federal Deposit Insurance Corp (FDIC), Axios reported on Monday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in.

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政策

Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report

Gemini reportedly repeatedly implied that the assets of customers using its Earn product were safe thanks to being backed by the Federal Deposit Insurance Corp.

Cameron and Tyler Winklevoss (Credit: Shutterstock)

政策

In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds

The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.

El fundador de FTX, Sam Bankman-Fried, se declaró “no culpable” de ocho cargos en un tribunal federal. (Michael M. Santiago/Getty Images)

政策

New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says

New guidance from the state Department of Financial Services sets a 90-day advance notice period

New York City (Alexander Spatari/Getty Images)

政策

NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs

Only crypto companies with a BitLicense would be affected.

NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)

オピニオン

New York Regulators Have Planted a Seed for Stablecoin Transparency

New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.

(Ozgu Ozden/Unsplash)