NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York to Supervise Them

Only crypto companies with a BitLicense – a special business license granted by NYDFS that allows firms to business in New York – will be subject to the assessments. Just 22 companies currently hold a BitLicense, which is notoriously difficult to obtain, and only three have been issued this year. Author: Cheyenne Ligon Source link

FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source

Digivault, which is not involved in the liquidation process, is currently winding down operations, according to the person familiar with the matter. Any buyer would get staff, technology and, for a time, an anti-money laundering registration that comes with the business, the person said. Author: Oliver Knight Source link

BlackRock’s Fink says crypto technology still relevant despite #FTX

NEW YORK, Nov 30 (Reuters) – BlackRock Inc (BLK.N) Chief Executive Larry Fink said on Wednesday that there appear to have been “misbehaviors” by the now-bankrupt #FTX crypto #EXCHANGE, but that the technology behind crypto is relevant for the future. “We’re going to have to wait to see how this all plays out (with #FTX),” … Read more