New York State has proposed new legislation that would authorize fiat-collateralized stablecoins as a means of bail payment. The bill, known as New York Assembly Bill 7024, introduced on May 10, would add stablecoins to the list of approved methods of paying bail...
New York State Attorney General (NYAG), Letitia James, is urging the state’s legislature to pass a law regulating the cryptocurrency sector that she claims will set the standard for the rest of the country regarding openness and investor protection. In a May 5...
New York State Department of Financial Services (NYDFS) superintendent, Adrienne Harris, met with a delegation led by Danmarks Nationalbank governor, Signe Krogstrup, earlier in the week. According to a tweet by the NYDFS, Adrienne Harris met with Danish central bank governor Signe Krogstrup...
The New York Department of Financial Services (NYDFS) has announced a raft of regulations to protect crypto firms’ customers in the event of insolvency. The Superintendent of the New York State Department of Financial Services (NYDFS), Adrienne A. Harris, has released regulatory guidance...