Galaxy Digital wins New York BitLicense
Galaxy Digital secured a BitLicense from New York on May 18 to offer regulated crypto services to institutions. Summary Galaxy Digital’s subsidiary GalaxyOne Prime NY...
Tag : York
Galaxy secures New York BitLicense to expand institutional crypto services
Galaxy Digital, a crypto-focused financial services company led by Mike Novogratz, has received a BitLicense and Money Transmission License from the New York State Department...
New York forces Uphold to pay $5M over fraudulent crypto investment scheme
New York Attorney General Letitia James has secured more than $5 million from cryptocurrency platform Uphold over its role in promoting a fraudulent investment product....
New York secures $5M from Uphold over CredEarn promotion
New York Attorney General Letitia James has secured more than $5 million from crypto platform Uphold. Summary Uphold will pay over $5 million directly to...
CFTC Sues New York to Stop It From Treating Prediction Markets as Gambling
The CFTC filed a lawsuit against New York on April 24 in the Southern District of New York, seeking a permanent injunction to stop the...
CFTC sues New York as prediction market fight escalates
The Commodity Futures Trading Commission has sued New York over its effort to apply state gambling laws to prediction market platforms. Summary The CFTC says...
CFTC sues New York over bid to apply gambling laws to prediction markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated...
MoonPay launches fiat-to-stablecoin virtual accounts in New York
MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins...
New York, Illinois sign EO banning state employees from prediction markets
New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier...
New York, Illinois Ban Government Employees From Insider Trading on Prediction Markets
In brief New York and Illinois banned government employees from using insider information to trade on prediction markets. The moves come as both states challenge...